SEC Chair: Will Develop Cryptocurrency 'Thoughtful Regulatory Framework' Instead of Taking Enforcement Action

On June 6th, Musk tweeted, "Given the US President's statement regarding the cancellation of our government contracts, SpaceX will promptly commence the retirement of its 'Dragon' spacecraft." BlockBeats Note: The 'Dragon' spacecraft is a reusable crew/cargo spacecraft developed by SpaceX for NASA and other clients. It mainly has two versions: Cargo Dragon, which is used to transport goods to the International Space Station (ISS); and Crew Dragon, which is used to transport astronauts to the International Space Station. Currently, NASA relies heavily on SpaceX's Crew Dragon to send astronauts to the International Space Station. If retired, NASA will temporarily lack a reliable domestic crewed spaceflight capability and will have to rely on Boeing's Starliner (which has just started service) or foreign space agencies. If cargo missions are suspended, it may affect the resupply and scientific experiments of the space station. The retirement will also have an impact on the US commercial

On June 6th, Trump made a post on his personal social media platform, stating, "I don't have a problem with Musk being opposed to me, but he should have done it months ago. This is one of the most significant bills ever submitted to Congress. It represents a record-breaking spending cut of $1.6 trillion and the largest tax cut in history." "If this bill is not passed, taxes will go up by 68%, and there are even worse things than that. I didn't cause this chaos; I'm just here to set it right. This bill will lead our country onto the path to greatness. Let America be great once again!"

On June 6th, Musk retweeted a discussion tweet that said "Trump should be impeached and replaced by JD Vance" and gave a comment of "Yes".

June 6th: The stock of Tesla plummeted by an additional 15% due to the deterioration of Musk's relationship with Trump. Both of them engaged in a social media battle of words. Trump threatened to terminate government subsidies and contracts for Tesla. (Golden Ten)

On June 6th, based on HTX market data, Bitcoin dropped below $102,000.

On June 6th, based on market data, the stock price of Trump Media & Technology Group decreased by 7.82%.