Last week, funds have flowed into #Bitcoin, #Ethereum, and #Hyperliquid.

June 1, per a Fortune analysis, if Musk pushes ahead with a SpaceX-Tesla merger, the combined valuation of the two companies could hit around $34 trillion. SpaceX would be valued at roughly $17.5 trillion, while Tesla would clock in at about $16.5 trillion. The tie-up would become the largest M&A deal in history, nearly three times the size of the current largest acquisition on record. However, the deal’s financial rationale is coming under fire. Analysts note SpaceX would need to issue new shares equivalent to approximately 94% of its current outstanding shares to complete the purchase. Additionally, Tesla’s profitability has declined sharply in recent years: its GAAP net income fell from $15 billion in 2023 to roughly $3.9 billion, and its core operating profit—excluding regulatory credits and Bitcoin gains—stands at only about $2.3 billion. The report suggests this move is less a merger driven by traditional financial metrics and more a play on the market’s high valuation expectat

June 1 – Citigroup’s latest report marks the bank’s first bullish stance on copper prices since 2026, projecting copper will hit $14,500 per ton next month and rise further to $15,000 per ton over the coming 12 months – an upside of more than 10% relative to current LME three-month copper prices. Citigroup attributes its optimism to two key factors: uncertainty surrounding U.S. refined copper tariff policy, and expectations for normalized navigation through the Strait of Hormuz. The bank anticipates the U.S. will maintain a “strategically ambiguous” tariff framework to incentivize companies to hold high inventory levels. Meanwhile, Goldman Sachs has also revised up its copper price forecasts, raising its 2026 year-end target from $12,465 per ton to $13,735 per ton. Demand for copper is being driven by ongoing growth in AI data center construction, grid expansion, electric vehicle development, and the broader new energy sector. Citigroup highlights AI infrastructure, the global elect

Quantinuum will offer 26.5 million shares via its initial public offering (IPO) on June 1, with an estimated IPO price range of $53 to $55 per share. The company has raised its IPO fundraising target to $1.46 billion. Per data from trade.xyz, QNT’s current pre-market contract price is $98.092, marking a 5.07% decline over the past 24 hours. Its 24-hour trading volume amounts to $790,000, while open interest stands at $4.15 million.

June 1 — SpaceX on Monday disclosed for the first time in an updated IPO prospectus that it plans to reserve up to 5% of its Class A common stock for subscription by employees and the friends and family of its executives ahead of its upcoming initial public offering. Last month, the aerospace firm had revealed that participants in its so-called "friends and family list" would be exempt from lock-up restrictions — a deviation from standard IPO directed share programs, where participants are typically bound by lock-up agreements that bar immediate share sales. In Monday’s filing, SpaceX added that over 60% of its pre-IPO issued shares will be subject to a 366-day lock-up period, including shares held by CEO Elon Musk, who has agreed to the 366-day lock-up arrangement.

June 1: U.S. President Donald Trump took to social media to announce that Iran is “open to a deal,” asserting that a final agreement would benefit the U.S. and its allies. Trump also slammed Democratic lawmakers and some Republican officials for weighing in on his Iran policy—including pushing him to accelerate or delay negotiations, calling for military action or caution amid tensions. He argued this ongoing political meddling has made diplomatic efforts far more difficult. The president urged the public to “relax and be patient,” noting things would eventually be resolved properly, and reaffirmed his commitment to continuing related negotiations. In a separate development, U.S. Central Command said Iran launched two ballistic missiles at U.S. troops stationed in Kuwait late Sunday local time. American missile defenses successfully intercepted the missiles, resulting in no U.S. casualties or facility damage. This was the latest Iranian missile attack on U.S. military targets in the

On June 1st, digital asset firm BitMine disclosed it had increased its Ethereum (ETH) holdings by 26,497 coins during the week prior to the announcement. As of May 31, 2026, the company’s total Ethereum holdings hit 5,416,901 coins, representing roughly 4.49% of Ethereum’s total supply. BitMine’s current total assets—encompassing cryptocurrency holdings, cash reserves, and other investment vehicles—are valued at approximately $11.6 billion. A breakdown of its assets includes $446 million in cash, 203 Bitcoin (BTC), $180 million in equity stakes in Beast Industries, and a $93 million investment in Eightco Holdings. Additionally, BitMine has staked 4,718,677 Ethereum coins, which make up over 87% of its total Ethereum holdings. These staked ETH are worth around $9.5 billion, with an annual staking yield of roughly $258 million.