The Internet is about to rapidly expand. Through ICANN's new generic top level domain (gTLD) program - for the first time ever - individual entities can customize the space to the right of the dot. While currently only 22 gTLDs exist (e.g., .com, .net, .org, etc.), on June 13, ICANN announced that it had received an unexpected 1,930 applications for new gTLDs, ranging from applications for .AARP to .ZULU. This talk will examine the security and stability concerns that arise from the rapid expansion of the Internet's root zone. Also included will be the current state of the new gTLD program, the security issues that plagued the application process in April, and how this new model of gTLD ownership (with large swaths of Internet real estate in the hands of private entities) will change our current model of Internet governance.