Toggle light / dark theme

SpaceX IPO: Tesla Shareholder Warrants, SPARC, and Elon’s Liquidity Event

SpaceX’s potential Initial Public Offering (IPO) could not only reward long-term Tesla shareholders but also has significant implications for Elon Musk’s companies, with a possible valuation of $1.2–1.5 trillion, driven by ventures like Starlink and Starship # ## Questions to inspire discussion.

IPO Timing and Valuation Strategy.

🚀 Q: When could SpaceX realistically go public and at what valuation? A: SpaceX IPO timing targets mid-2026 with potential valuation of $1.2–1.5 trillion, dependent on Starship production readiness, successful orbital launches with Starlink payloads by mid-2024, and prevailing volatile public market conditions at listing time.

💰 Q: How much capital would SpaceX raise in the IPO? A: SpaceX would likely issue new shares to raise approximately $80 billion at the $1.2–1.5 trillion valuation target, rather than conducting a buyback of existing shares, with potential share prices ranging $50–150 per share.

📈 Q: What drives SpaceX’s trillion-dollar valuation thesis? A: Valuation hinges on Starlink satellite network (10M subscribers, 10K satellites), rapid and complete reusability of Starship launch vehicles, planned Moon and Mars bases by 2030–2040, and the Musk premium factor where investors pay extra for his involvement.

Starship as IPO Catalyst.

Direct 3D printing of nanolasers can boost optical computing and quantum security

In future high-tech industries, such as high-speed optical computing for massive AI, quantum cryptographic communication, and ultra-high-resolution augmented reality (AR) displays, nanolasers—which process information using light—are gaining significant attention as core components for next-generation semiconductors.

A research team has proposed a new manufacturing technology capable of high-density placement of nanolasers on semiconductor chips, which process information in spaces thinner than a human hair.

A joint research team led by Professor Ji Tae Kim from the Department of Mechanical Engineering and Professor Junsuk Rho from POSTECH, has developed an ultra-fine 3D printing technology capable of creating “vertical nanolasers,” a key component for ultra-high-density optical integrated circuits.

The ROI Problem in Attack Surface Management

Attack Surface Management (ASM) tools promise reduced risk. What they usually deliver is more information.

Security teams deploy ASM, asset inventories grow, alerts start flowing, and dashboards fill up. There is visible activity and measurable output. But when leadership asks a simple question, “Is this reducing incidents?” the answer is often unclear.

This gap between effort and outcome is the core ROI problem in attack surface management, especially when ROI is measured primarily through asset counts instead of risk reduction.

Over 10K Fortinet firewalls exposed to actively exploited 2FA bypass

Over 10,000 Fortinet firewalls are still exposed online and vulnerable to ongoing attacks exploiting a five-year-old critical two-factor authentication (2FA) bypass vulnerability.

Fortinet released FortiOS versions 6.4.1, 6.2.4, and 6.0.10 in July 2020 to address this flaw (tracked as CVE-2020–12812) and advised admins who couldn’t immediately patch to turn off username-case-sensitivity to block 2FA bypass attempts targeting their devices.

This improper authentication security flaw (rated 9.8÷10 in severity) was found in FortiGate SSL VPN and allows attackers to log in to unpatched firewalls without being prompted for the second factor of authentication (FortiToken) when the username’s case is changed.

The Next Great Transformation: How AI Will Reshape Industries—and Itself

#artificialintelligence #ai #technology #futuretech


This change will revolutionize leadership, governance, and workforce development. Successful firms will invest in technology and human capital by reskilling personnel, redefining roles, and fostering a culture of human-machine collaboration.

The Imperative of Strategy Artificial intelligence is not preordained; it is a tool shaped by human choices. How we execute, regulate, and protect AI will determine its impact on industries, economies, and society. I emphasized in Inside Cyber that technology convergence—particularly the amalgamation of AI with 5G, IoT, distributed architectures, and ultimately quantum computing—will augment both potential and hazards.

The issue at hand is not if AI will transform industries—it has already done so. The essential question is whether we can guide this change to enhance security, resilience, and human well-being. Individuals who interact with AI strategically, ethically, and with a long-term perspective will gain a competitive advantage and foster the advancement of a more innovative and secure future.

IBM Warns of Critical API Connect Bug Allowing Remote Authentication Bypass

IBM has disclosed details of a critical security flaw in API Connect that could allow attackers to gain remote access to the application.

The vulnerability, tracked as CVE-2025–13915, is rated 9.8 out of a maximum of 10.0 on the CVSS scoring system. It has been described as an authentication bypass flaw.

“IBM API Connect could allow a remote attacker to bypass authentication mechanisms and gain unauthorized access to the application,” the tech giant said in a bulletin.

Traditional Security Frameworks Leave Organizations Exposed to AI-Specific Attack Vectors

In December 2024, the popular Ultralytics AI library was compromised, installing malicious code that hijacked system resources for cryptocurrency mining. In August 2025, malicious Nx packages leaked 2,349 GitHub, cloud, and AI credentials. Throughout 2024, ChatGPT vulnerabilities allowed unauthorized extraction of user data from AI memory.

The result: 23.77 million secrets were leaked through AI systems in 2024 alone, a 25% increase from the previous year.

Here’s what these incidents have in common: The compromised organizations had comprehensive security programs. They passed audits. They met compliance requirements. Their security frameworks simply weren’t built for AI threats.

/* */