The compromised certificates were issued by eMudhra after a security failure left their private keys vulnerable. Google and Mozilla blocked the affected certificates within hours of being alerted. Cloudflare has also deployed security fixes. Most Chrome and Firefox users are already protected. Users should keep their devices and applications updated and never ignore browser security warnings. Older software and systems that do not receive automatic security updates may still be at risk.

Revenue $14.6B vs $12.7B expected. EPS $0.35 vs $0.15. Adjusted EBITDA $8.8B vs $6.6B, up 306%. Musk predicts 100,000 Starlink satellites and roughly 100 times the network capacity. His earlier target was $1T in annual revenue by 2030, a year earlier than at the IPO. Last quarter the stock fell on $18.4B of capex, so that is the number to watch.

Most of it is not cash. About $72B comes from non-cash adjustments on convertible notes and other financing, which grow as Anthropic's valuation rises. Strip it out and roughly $8.7B remains. The draft S-1 shows $16.3B in first-half revenue against $1.1B a year earlier. About 20% of it came from just two customers. The IPO is tentatively set for November at around a $2 trillion valuation.