{"id":1069,"date":"2026-06-22T00:30:27","date_gmt":"2026-06-21T15:30:27","guid":{"rendered":"https:\/\/itexplore.org\/jp\/columns\/asml-chip-tool-ai-regulation-spacex-ipo-tech-trends\/"},"modified":"2026-06-22T00:30:27","modified_gmt":"2026-06-21T15:30:27","slug":"asml-chip-tool-ai-regulation-spacex-ipo-tech-trends","status":"publish","type":"post","link":"https:\/\/itexplore.org\/jp\/columns\/asml-chip-tool-ai-regulation-spacex-ipo-tech-trends\/","title":{"rendered":"ASML\u30c1\u30c3\u30d7\u30c4\u30fc\u30eb\u8ad6\u4e89\u3001AI\u898f\u5236\u3001SpaceX\u4e0a\u5834\uff1a\u6700\u65b0\u30c6\u30c3\u30af\u52d5\u5411"},"content":{"rendered":"<p>\u672c\u65e5\u306e\u6ce8\u76eeAI\u30fb\u30c6\u30c3\u30af\u30cb\u30e5\u30fc\u30b9\u3092\u3001\u5c02\u9580\u7684\u306a\u5206\u6790\u3068\u5171\u306b\u304a\u5c4a\u3051\u3057\u307e\u3059\u3002<\/p>\n<div class=\"wp-block-vk-blocks-alert vk_alert alert alert-warning has-alert-icon\">\n<div class=\"vk_alert_icon\">\n<div class=\"vk_alert_icon_icon\"><i class=\"fa-solid fa-triangle-exclamation\" aria-hidden=\"true\"><\/i><\/div>\n<div class=\"vk_alert_icon_text\"><span>Warning<\/span><\/div>\n<\/div>\n<div class=\"vk_alert_content\">\n<p>\u3053\u306e\u8a18\u4e8b\u306fAI\u306b\u3088\u3063\u3066\u81ea\u52d5\u751f\u6210\u30fb\u5206\u6790\u3055\u308c\u305f\u3082\u306e\u3067\u3059\u3002AI\u306e\u6027\u8cea\u4e0a\u3001\u4e8b\u5b9f\u8aa4\u8a8d\u304c\u542b\u307e\u308c\u308b\u53ef\u80fd\u6027\u304c\u3042\u308b\u305f\u3081\u3001\u91cd\u8981\u306a\u5224\u65ad\u3092\u4e0b\u3059\u969b\u306f\u5fc5\u305a\u30ea\u30f3\u30af\u5148\u306e\u4e00\u6b21\u30bd\u30fc\u30b9\u3092\u3054\u78ba\u8a8d\u304f\u3060\u3055\u3044\u3002<\/p>\n<\/div>\n<\/div>\n<div class=\"wp-block-group\" style=\"margin-top:40px;margin-bottom:40px\">\n<h2 class=\"wp-block-heading\">\u7c73\u56fd\u306fASML\u306e\u6700\u5148\u7aef\u30c1\u30c3\u30d7\u30c4\u30fc\u30eb\u304c\u4e2d\u56fd\u306b\u3042\u308b\u53ef\u80fd\u6027\u3092\u6307\u6458\u3001ASML\u306f\u5426\u5b9a<\/h2>\n<ul>\n<li><strong>\u539f\u984c:<\/strong> The US says ASML's top chip tool may be in China. ASML says it isn't | TechCrunch<\/li>\n<\/ul>\n<h3 class=\"wp-block-heading\">\u5c02\u9580\u30a2\u30ca\u30ea\u30b9\u30c8\u306e\u5206\u6790<\/h3>\n<div class=\"ai-summary-content\">\n<p>\u7c73\u56fd\u653f\u5e9c\u306f\u3001\u30aa\u30e9\u30f3\u30c0\u306e\u534a\u5c0e\u4f53\u88fd\u9020\u88c5\u7f6e\u5927\u624b<strong>ASML<\/strong>\u306e\u6700\u5148\u7aef\u30c1\u30c3\u30d7\u88fd\u9020\u30c4\u30fc\u30eb\u304c\u4e2d\u56fd\u306b\u5b58\u5728\u3057\u3066\u3044\u308b\u53ef\u80fd\u6027\u306b\u3064\u3044\u3066\u61f8\u5ff5\u3092\u8868\u660e\u3057\u3066\u3044\u307e\u3059\u3002\u3053\u306e\u4e3b\u5f35\u306f\u3001\u7c73\u56fd\u304c\u4e2d\u56fd\u306e\u6280\u8853\u7684\u9032\u6b69\u3092\u6291\u5236\u3057\u3088\u3046\u3068\u3059\u308b\u5e83\u7bc4\u306a\u53d6\u308a\u7d44\u307f\u306e\u4e00\u74b0\u3068\u3057\u3066\u6d6e\u4e0a\u3057\u307e\u3057\u305f\u3002<\/p>\n<p>\u3057\u304b\u3057\u3001<strong>ASML<\/strong>\u306f\u3053\u306e\u7c73\u56fd\u306e\u4e3b\u5f35\u306b\u5bfe\u3057\u3001\u81ea\u793e\u306e\u6700\u5148\u7aef\u6280\u8853\u304c\u4e2d\u56fd\u306b\u8f38\u51fa\u3055\u308c\u3066\u3044\u306a\u3044\u3068\u5f37\u304f\u53cd\u8ad6\u3057\u3066\u3044\u307e\u3059\u3002\u3053\u306e\u8ad6\u4e89\u306f\u3001\u534a\u5c0e\u4f53\u6280\u8853\u3092\u5de1\u308b\u7c73\u4e2d\u9593\u306e\u5730\u653f\u5b66\u7684\u7dca\u5f35\u306e\u9ad8\u307e\u308a\u3092\u6d6e\u304d\u5f6b\u308a\u306b\u3057\u3066\u3044\u307e\u3059\u3002<\/p>\n<p>\u7279\u306b\u3001<strong>EUV\u9732\u5149\u88c5\u7f6e<\/strong>\u306e\u3088\u3046\u306a\u9ad8\u5ea6\u306a\u30c4\u30fc\u30eb\u306f\u3001\u6b21\u4e16\u4ee3\u306e\u9ad8\u6027\u80fd\u30c1\u30c3\u30d7\u88fd\u9020\u306b\u4e0d\u53ef\u6b20\u3067\u3042\u308a\u3001\u305d\u306e\u6240\u5728\u306f\u56fd\u5bb6\u5b89\u5168\u4fdd\u969c\u4e0a\u306e\u91cd\u8981\u306a\u554f\u984c\u3068\u898b\u306a\u3055\u308c\u3066\u3044\u307e\u3059\u3002\u3053\u306e\u554f\u984c\u306f\u3001\u30b0\u30ed\u30fc\u30d0\u30eb\u306a\u30b5\u30d7\u30e9\u30a4\u30c1\u30a7\u30fc\u30f3\u3068\u6280\u8853\u79fb\u8ee2\u306e\u8907\u96d1\u3055\u3092\u793a\u3057\u3066\u3044\u307e\u3059\u3002<\/p>\n<p>\ud83d\udc49 <strong><a href=\"https:\/\/techcrunch.com\/2026\/06\/19\/the-us-says-asmls-top-chip-tool-may-be-in-china-asml-says-it-isnt\/\" target=\"_blank\" rel=\"noopener\">TechCrunch \u3067\u8a18\u4e8b\u5168\u6587\u3092\u8aad\u3080<\/a><\/strong><\/p>\n<\/div>\n<ul>\n<li><strong>\u8981\u70b9:<\/strong> Geopolitical tensions are escalating over the control and location of advanced semiconductor manufacturing technology, with the U.S. and ASML at odds regarding equipment presence in China.<\/li>\n<li><strong>\u8457\u8005:<\/strong> Connie Loizos<\/li>\n<\/ul>\n<blockquote class=\"wp-block-quote\"><p><span>English Summary:<\/span><\/p>\n<p>The U.S. government has expressed concerns that <strong>ASML's<\/strong> top-tier chip manufacturing tools, produced by the Dutch semiconductor equipment giant, might be present in China. This assertion comes as part of broader U.S. efforts to curb China's technological advancements.<\/p>\n<p>However, <strong>ASML<\/strong> has strongly refuted these claims, stating that its most advanced technology has not been exported to China. This dispute highlights the escalating geopolitical tensions between the U.S. and China over critical semiconductor technology.<\/p>\n<p>Advanced tools, particularly <strong>EUV lithography machines<\/strong>, are essential for manufacturing next-generation high-performance chips, making their location a significant national security issue. This situation underscores the complexities of global supply chains and technology transfer.<\/p>\n<\/blockquote>\n<\/div>\n<div class=\"wp-block-group\" style=\"margin-top:40px;margin-bottom:40px\">\n<h2 class=\"wp-block-heading\">\u6700\u3082\u5f37\u529b\u306aAI\u3092\u958b\u767a\u3057\u305f\u4f01\u696d\u304c\u305d\u306e\u30eb\u30fc\u30eb\u7b56\u5b9a\u306b\u5354\u529b\u3057\u305f\u3044\u3068\u8868\u660e\u3001G7\u304c\u9580\u6238\u3092\u958b\u304f<\/h2>\n<ul>\n<li><strong>\u539f\u984c:<\/strong> Las empresas que crearon la IA m\u00e1s poderosa quieren ayudar a escribir sus reglas, y el G7 acaba de abrirles la puerta<\/li>\n<\/ul>\n<h3 class=\"wp-block-heading\">\u5c02\u9580\u30a2\u30ca\u30ea\u30b9\u30c8\u306e\u5206\u6790<\/h3>\n<div class=\"ai-summary-content\">\n<p><strong>OpenAI<\/strong>\u3001<strong>Anthropic<\/strong>\u3001<strong>Google DeepMind<\/strong>\u306a\u3069\u306e\u4e3b\u8981\u306a<strong>AI<\/strong>\u4f01\u696d\u304c\u3001<strong>G7<\/strong>\u30b5\u30df\u30c3\u30c8\u3067\u5148\u9032<strong>AI<\/strong>\u306e\u898f\u5236\u306b\u95a2\u3059\u308b\u8b70\u8ad6\u306b\u53c2\u52a0\u3057\u307e\u3057\u305f\u3002\u5f7c\u3089\u306f\u3001<strong>AI<\/strong>\u306e\u30eb\u30fc\u30eb\u7b56\u5b9a\u306b\u304a\u3044\u3066\u81ea\u793e\u306e\u5c02\u9580\u77e5\u8b58\u3092\u63d0\u4f9b\u3057\u305f\u3044\u3068\u8868\u660e\u3057\u3066\u304a\u308a\u3001\u7c73\u56fd\u4e3b\u5c0e\u306e\u56fd\u969b\u9023\u5408\u306e\u8a2d\u7acb\u304c\u63d0\u6848\u3055\u308c\u3066\u3044\u307e\u3059\u3002<\/p>\n<p>\u3053\u306e\u52d5\u304d\u306f\u3001<strong>AI<\/strong>\u304c\u7d4c\u6e08\u3001\u30b5\u30a4\u30d0\u30fc\u30bb\u30ad\u30e5\u30ea\u30c6\u30a3\u3001\u6559\u80b2\u3001\u9632\u885b\u3001\u5e02\u5834\u5b89\u5b9a\u306b\u4e0e\u3048\u308b\u5f71\u97ff\u304c\u5927\u304d\u3044\u305f\u3081\u3001<strong>AI<\/strong>\u898f\u5236\u304c\u5730\u653f\u5b66\u7684\u306a\u4e3b\u8981\u8b70\u984c\u3068\u306a\u3063\u3066\u3044\u308b\u3053\u3068\u3092\u793a\u3057\u3066\u3044\u307e\u3059\u3002\u3057\u304b\u3057\u3001<strong>\u30d3\u30c3\u30b0\u30c6\u30c3\u30af<\/strong>\u4f01\u696d\u304c\u898f\u5236\u7b56\u5b9a\u306b\u6df1\u304f\u95a2\u4e0e\u3059\u308b\u3053\u3068\u3067\u3001\u5f7c\u3089\u306e\u5229\u76ca\u304c\u512a\u5148\u3055\u308c\u3001\u6c11\u4e3b\u7684\u306a\u76e3\u8996\u304c\u640d\u306a\u308f\u308c\u308b\u53ef\u80fd\u6027\u306b\u3064\u3044\u3066\u306e\u61f8\u5ff5\u3082\u6d6e\u4e0a\u3057\u3066\u3044\u307e\u3059\u3002<\/p>\n<p>\u7279\u306b\u3001\u7c73\u56fd\u304c<strong>Anthropic<\/strong>\u306e<strong>Fable 5<\/strong>\u3084<strong>Mythos 5<\/strong>\u306e\u3088\u3046\u306a\u5148\u9032\u30e2\u30c7\u30eb\u3078\u306e\u5916\u56fd\u304b\u3089\u306e\u30a2\u30af\u30bb\u30b9\u3092\u30d6\u30ed\u30c3\u30af\u3057\u305f\u4e8b\u4f8b\u306f\u3001\u653f\u5e9c\u304c\u6226\u7565\u7684<strong>AI<\/strong>\u30b7\u30b9\u30c6\u30e0\u3078\u306e\u30b0\u30ed\u30fc\u30d0\u30eb\u30a2\u30af\u30bb\u30b9\u3092\u5236\u9650\u3067\u304d\u308b\u3053\u3068\u3092\u793a\u3057\u3066\u3044\u307e\u3059\u3002\u3053\u306e\u72b6\u6cc1\u306f\u3001\u6280\u8853\u4e3b\u6a29\u3068\u3001\u5c11\u6570\u306e\u5927\u56fd\u304c<strong>AI<\/strong>\u30c4\u30fc\u30eb\u306e\u30a2\u30af\u30bb\u30b9\u3092\u6c7a\u5b9a\u3059\u308b\u80fd\u529b\u3092\u96c6\u4e2d\u3055\u305b\u308b\u3053\u3068\u3078\u306e\u61f8\u5ff5\u3092\u5f37\u3081\u3066\u3044\u307e\u3059\u3002<\/p>\n<p><strong>G7<\/strong>\u306e\u8b70\u8ad6\u306f\u3001\u30b5\u30a4\u30d0\u30fc\u653b\u6483\u3084\u30d0\u30a4\u30aa\u30c6\u30ed\u306a\u3069\u306e\u6975\u7aef\u306a\u30ea\u30b9\u30af\u3060\u3051\u3067\u306a\u304f\u3001\u4f1a\u8a71\u578b\u30c4\u30fc\u30eb\u3001<strong>\u30c7\u30a3\u30fc\u30d7\u30d5\u30a7\u30a4\u30af<\/strong>\u3001\u540c\u610f\u306e\u306a\u3044\u89aa\u5bc6\u306a\u753b\u50cf\u3001<strong>AI<\/strong>\u306b\u3088\u3063\u3066\u751f\u6210\u307e\u305f\u306f\u5897\u5e45\u3055\u308c\u305f\u5150\u7ae5\u6027\u7684\u8650\u5f85\u30b3\u30f3\u30c6\u30f3\u30c4\u304b\u3089\u5b50\u4f9b\u3084\u9752\u5c11\u5e74\u3092\u4fdd\u8b77\u3059\u308b\u3068\u3044\u3063\u305f\u65e5\u5e38\u7684\u306a\u554f\u984c\u306b\u3082\u7126\u70b9\u3092\u5f53\u3066\u3066\u3044\u307e\u3059\u3002<strong>AI<\/strong>\u306e\u898f\u5236\u306f\u3001\u30a4\u30ce\u30d9\u30fc\u30b7\u30e7\u30f3\u3001\u5b89\u5168\u6027\u3001\u6c11\u4e3b\u7684\u7d71\u5236\u306e\u30d0\u30e9\u30f3\u30b9\u3092\u53d6\u308b\u3068\u3044\u3046\u5927\u304d\u306a\u8ab2\u984c\u3092\u62b1\u3048\u3066\u3044\u307e\u3059\u3002<\/p>\n<p>\ud83d\udc49 <strong><a href=\"https:\/\/es.gizmodo.com\/las-empresas-que-crearon-la-ia-mas-poderosa-quieren-ayudar-a-escribir-sus-reglas-y-el-g7-acaba-de-abrirles-la-puerta-2000242040\" target=\"_blank\" rel=\"noopener\">Gizmodo en Espa\u00f1ol \u3067\u8a18\u4e8b\u5168\u6587\u3092\u8aad\u3080<\/a><\/strong><\/p>\n<\/div>\n<ul>\n<li><strong>\u8981\u70b9:<\/strong> Major AI developers are actively shaping global AI regulation alongside the G7, raising critical questions about balancing innovation, security, and democratic control, especially concerning potential monopolistic influence and technological sovereignty.<\/li>\n<li><strong>\u8457\u8005:<\/strong> Thomas Handley<\/li>\n<\/ul>\n<blockquote class=\"wp-block-quote\"><p><span>English Summary:<\/span><\/p>\n<p>Leading <strong>AI<\/strong> companies, including <strong>OpenAI<\/strong>, <strong>Anthropic<\/strong>, and <strong>Google DeepMind<\/strong>, participated in <strong>G7<\/strong> discussions regarding the regulation of advanced <strong>AI<\/strong>. They have expressed a desire to contribute their expertise to shaping <strong>AI<\/strong> rules, with a proposal for a U.S.-led international coalition.<\/p>\n<p>This development underscores how <strong>AI<\/strong> regulation has become a major geopolitical issue due to its significant impact on the economy, cybersecurity, education, defense, and market stability. However, concerns are rising that deep involvement of <strong>Big Tech<\/strong> in rule-making could prioritize their interests and undermine democratic oversight.<\/p>\n<p>Notably, the U.S. blocking foreign access to advanced <strong>Anthropic<\/strong> models like <strong>Fable 5<\/strong> and <strong>Mythos 5<\/strong> demonstrates a government's ability to restrict global access to strategic <strong>AI<\/strong> systems. This situation intensifies concerns about technological sovereignty and the concentration of power among a few major players to dictate access to <strong>AI<\/strong> tools.<\/p>\n<p>The <strong>G7<\/strong> discussions focused not only on extreme risks such as cyberattacks and bioterrorism but also on everyday issues like protecting children and adolescents from conversational tools, <strong>deepfakes<\/strong>, non-consensual intimate images, and child sexual abuse content generated or amplified by <strong>AI<\/strong>. Regulating <strong>AI<\/strong> presents the significant challenge of balancing innovation, safety, and democratic control.<\/p>\n<\/blockquote>\n<\/div>\n<div class=\"wp-block-group\" style=\"margin-top:40px;margin-bottom:40px\">\n<h2 class=\"wp-block-heading\">SpaceX\u304c\u4e0a\u5834\u3001\u5e02\u5834\u306f\u300c\u307e\u3060\u5b58\u5728\u3057\u306a\u3044\u30d3\u30b8\u30cd\u30b9\u3092\u5f81\u670d\u3059\u308b\u3068\u7d04\u675f\u3059\u308b\u4f01\u696d\u306e\u4fa1\u5024\u306f\uff1f\u300d\u3068\u3044\u3046\u554f\u3044\u306b\u76f4\u9762<\/h2>\n<ul>\n<li><strong>\u539f\u984c:<\/strong> SpaceX ya cotiza en bolsa y el mercado tiene una pregunta inc\u00f3moda: cu\u00e1nto vale una empresa que promete conquistar negocios que todav\u00eda no existen<\/li>\n<\/ul>\n<h3 class=\"wp-block-heading\">\u5c02\u9580\u30a2\u30ca\u30ea\u30b9\u30c8\u306e\u5206\u6790<\/h3>\n<div class=\"ai-summary-content\">\n<p><strong>Elon Musk<\/strong>\u7387\u3044\u308b<strong>SpaceX<\/strong>\u304c<strong>Nasdaq<\/strong>\u306b<strong>SPCX<\/strong>\u306e\u30c6\u30a3\u30c3\u30ab\u30fc\u3067\u4e0a\u5834\u3057\u3001\u521d\u671f\u8a55\u4fa1\u984d\u306f1.77\u5146\u30c9\u30eb\u8fd1\u304f\u306b\u9054\u3057\u307e\u3057\u305f\u3002\u3053\u306e<strong>IPO<\/strong>\u306f\u3001\u5b87\u5b99\u304c\u7d4c\u6e08\u30a4\u30f3\u30d5\u30e9\u3068\u306a\u308b\u672a\u6765\u3078\u306e\u5e02\u5834\u306e\u5927\u304d\u306a\u8ced\u3051\u3092\u8c61\u5fb4\u3057\u3066\u3044\u307e\u3059\u3002<\/p>\n<p><strong>SpaceX<\/strong>\u306f\u3082\u306f\u3084\u5358\u306a\u308b\u30ed\u30b1\u30c3\u30c8\u4f1a\u793e\u3067\u306f\u306a\u304f\u3001\u518d\u5229\u7528\u53ef\u80fd\u306a\u30ed\u30b1\u30c3\u30c8\u3001\u653f\u5e9c\u5951\u7d04\u3001\u9632\u885b\u3001\u885b\u661f\u901a\u4fe1\u3001\u8ecc\u9053\u30a4\u30f3\u30d5\u30e9\u30d7\u30ed\u30b8\u30a7\u30af\u30c8\u3092\u7d44\u307f\u5408\u308f\u305b\u305f\u30b0\u30ed\u30fc\u30d0\u30eb\u30d7\u30e9\u30c3\u30c8\u30d5\u30a9\u30fc\u30e0\u3068\u3057\u3066\u4f4d\u7f6e\u3065\u3051\u3089\u308c\u3066\u3044\u307e\u3059\u3002\u7279\u306b\u3001\u885b\u661f\u30a4\u30f3\u30bf\u30fc\u30cd\u30c3\u30c8\u30b5\u30fc\u30d3\u30b9<strong>Starlink<\/strong>\u306f\u3001\u5b89\u5b9a\u3057\u305f\u7d4c\u5e38\u53ce\u76ca\u6e90\u3068\u3057\u3066\u6295\u8cc7\u5bb6\u306e\u71b1\u72c2\u3092\u8aac\u660e\u3059\u308b\u91cd\u8981\u306a\u8981\u7d20\u3067\u3059\u3002<\/p>\n<p>\u3057\u304b\u3057\u3001<strong>SpaceX<\/strong>\u306e\u8a55\u4fa1\u984d\u306f\u3001\u73fe\u5728\u306e\u53ce\u76ca\u3084\u5229\u76ca\u3060\u3051\u3067\u306f\u8aac\u660e\u304c\u3064\u304d\u307e\u305b\u3093\u3002\u540c\u793e\u306f\u9ad8\u3044\u53ce\u76ca\u3092\u4e0a\u3052\u3066\u3044\u308b\u3082\u306e\u306e\u3001\u65b0\u6280\u8853\u3001\u885b\u661f\u3001\u30ed\u30b1\u30c3\u30c8\u3001\u30b0\u30ed\u30fc\u30d0\u30eb\u5c55\u958b\u3078\u306e\u7d99\u7d9a\u7684\u306a\u6295\u8cc7\u306b\u3088\u308a\u3001\u591a\u984d\u306e\u640d\u5931\u3082\u8a08\u4e0a\u3057\u3066\u3044\u307e\u3059\u3002\u3053\u306e\u8a55\u4fa1\u306f\u3001\u307e\u3060\u69cb\u7bc9\u4e2d\u306e\u30d3\u30b8\u30cd\u30b9\u3001\u4f8b\u3048\u3070\u30b0\u30ed\u30fc\u30d0\u30eb\u885b\u661f\u63a5\u7d9a\u306e\u6700\u7d42\u7684\u306a\u898f\u6a21\u3084\u3001\u8ecc\u9053\u7d4c\u6e08\u3001\u5b87\u5b99\u30c7\u30fc\u30bf\u30bb\u30f3\u30bf\u30fc\u3001\u6708\u9762\u7269\u6d41\u306a\u3069\u306e\u6f5c\u5728\u7684\u306a\u5e02\u5834\u306b\u5927\u304d\u304f\u4f9d\u5b58\u3057\u3066\u3044\u307e\u3059\u3002<\/p>\n<p>\u6295\u8cc7\u5bb6\u306b\u3068\u3063\u3066\u6700\u5927\u306e\u8ab2\u984c\u306f\u3001<strong>SpaceX<\/strong>\u304c\u9769\u547d\u7684\u3067\u3042\u308b\u306b\u3082\u304b\u304b\u308f\u3089\u305a\u3001\u5e02\u5834\u304c\u305d\u306e\u4fa1\u683c\u306b\u7e54\u308a\u8fbc\u3093\u3060\u6975\u7aef\u306a\u671f\u5f85\u306b\u5fdc\u3048\u3089\u308c\u306a\u3044\u30ea\u30b9\u30af\u3067\u3059\u3002\u5c06\u6765\u306e\u6570\u5341\u5e74\u306b\u308f\u305f\u308b\u6210\u529f\u3092\u7e54\u308a\u8fbc\u3093\u3060\u682a\u4fa1\u306f\u3001\u6280\u8853\u7684\u3001\u898f\u5236\u7684\u3001\u307e\u305f\u306f\u5546\u696d\u7684\u306a\u9045\u5ef6\u306b\u3088\u3063\u3066\u5927\u304d\u306a\u4fee\u6b63\u3092\u5f15\u304d\u8d77\u3053\u3059\u53ef\u80fd\u6027\u304c\u3042\u308a\u307e\u3059\u3002\u3053\u306e<strong>IPO<\/strong>\u306f\u3001\u5e02\u5834\u304c\u300c\u307e\u3060\u5b58\u5728\u3057\u306a\u3044\u672a\u6765\u306e\u7d4c\u6e08\u306e\u4e00\u90e8\u3092\u69cb\u7bc9\u3059\u308b\u53ef\u80fd\u6027\u300d\u3092\u6301\u3064\u4f01\u696d\u306e\u4fa1\u5024\u3092\u3069\u306e\u3088\u3046\u306b\u8a55\u4fa1\u3059\u308b\u304b\u3068\u3044\u3046\u3001\u3088\u308a\u5e83\u7bc4\u306a\u554f\u3044\u3092\u63d0\u8d77\u3057\u3066\u3044\u307e\u3059\u3002<\/p>\n<p>\ud83d\udc49 <strong><a href=\"https:\/\/es.gizmodo.com\/spacex-ya-cotiza-en-bolsa-y-el-mercado-tiene-una-pregunta-incomoda-cuanto-vale-una-empresa-que-promete-conquistar-negocios-que-todavia-no-existen-2000242021\" target=\"_blank\" rel=\"noopener\">Gizmodo en Espa\u00f1ol \u3067\u8a18\u4e8b\u5168\u6587\u3092\u8aad\u3080<\/a><\/strong><\/p>\n<\/div>\n<ul>\n<li><strong>\u8981\u70b9:<\/strong> SpaceX's IPO represents a speculative investment in the future space economy, with its trillion-dollar valuation driven by the promise of unproven markets and recurring revenue from Starlink, posing significant risks if future growth expectations are not met.<\/li>\n<li><strong>\u8457\u8005:<\/strong> Thomas Handley<\/li>\n<\/ul>\n<blockquote class=\"wp-block-quote\"><p><span>English Summary:<\/span><\/p>\n<p><strong>Elon Musk's SpaceX<\/strong> has gone public on <strong>Nasdaq<\/strong> under the ticker <strong>SPCX<\/strong>, with an initial valuation nearing 1.77 trillion dollars. This <strong>IPO<\/strong> symbolizes a massive market bet on a future where space becomes an economic infrastructure.<\/p>\n<p><strong>SpaceX<\/strong> is no longer just a rocket company; it's positioned as a global platform combining reusable rockets, government contracts, defense, satellite communications, and orbital infrastructure projects. Notably, its satellite internet service, <strong>Starlink<\/strong>, is a key factor explaining investor enthusiasm due to its potential for stable recurring revenue.<\/p>\n<p>However, <strong>SpaceX's<\/strong> valuation cannot be solely explained by its current revenues or profits. While the company generates high revenues, it also reports significant losses due to continuous investment in new technologies, satellites, rockets, and global expansion. This valuation heavily relies on businesses still under construction, such as the ultimate scale of global satellite connectivity and potential markets like orbital economy, space data centers, and lunar logistics.<\/p>\n<p>The biggest challenge for investors is the risk that, despite <strong>SpaceX<\/strong> being revolutionary, it might not meet the extreme expectations already priced into its market value. A stock price that discounts decades of future success could lead to significant corrections due to technical, regulatory, or commercial delays. This <strong>IPO<\/strong> raises a broader question for markets: how to price a company whose true business lies not just in its current earnings but in its potential to build a part of the economy of the future.<\/p>\n<\/blockquote>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>ASML\u306e\u4e2d\u56fd\u5411\u3051\u30c1\u30c3\u30d7\u30c4\u30fc\u30eb\u306b\u95a2\u3059\u308b\u7c73\u56fd\u306e\u61f8\u5ff5\u3001G7\u3068\u5927\u624bAI\u4f01\u696d\u306b\u3088\u308bAI\u898f\u5236\u306e\u8b70\u8ad6\u3001\u305d\u3057\u3066SpaceX\u306eIPO\u304c\u793a\u3059\u5b87\u5b99\u7d4c\u6e08\u306e\u672a\u6765\u3068\u8a55\u4fa1\u306e\u8ab2\u984c\u306b\u3064\u3044\u3066\u6df1\u6398\u308a\u3057\u307e\u3059\u3002<\/p>\n","protected":false},"author":1,"featured_media":852,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"vkexunit_cta_each_option":"","footnotes":""},"categories":[3],"tags":[8,463,462,143,285,246,203,26,15,46],"class_list":{"0":"post-1069","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","6":"hentry","7":"category-columns","8":"tag-ai","9":"tag-asml","10":"tag-g7","11":"tag-spacex","12":"tag-285","13":"tag-246","14":"tag-203","15":"tag-26","17":"tag-46"},"_links":{"self":[{"href":"https:\/\/itexplore.org\/jp\/wp-json\/wp\/v2\/posts\/1069","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/itexplore.org\/jp\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/itexplore.org\/jp\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/itexplore.org\/jp\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/itexplore.org\/jp\/wp-json\/wp\/v2\/comments?post=1069"}],"version-history":[{"count":0,"href":"https:\/\/itexplore.org\/jp\/wp-json\/wp\/v2\/posts\/1069\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/itexplore.org\/jp\/wp-json\/wp\/v2\/media\/852"}],"wp:attachment":[{"href":"https:\/\/itexplore.org\/jp\/wp-json\/wp\/v2\/media?parent=1069"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itexplore.org\/jp\/wp-json\/wp\/v2\/categories?post=1069"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itexplore.org\/jp\/wp-json\/wp\/v2\/tags?post=1069"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}