Quantinuum has increased its IPO fundraising target to $1.46 billion for the first time, issuing 26.5 million shares.
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.
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SpaceX is considering reserving up to 5% of its IPO shares for purchase by employees and executives' friends and family
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.
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Trump: Iran Seeks Deal, Urges Outside to Stop Meddling in Negotiations
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
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BitMine increased its ETH holdings by 26,497 coins last week, bringing the total holdings to 5,416,901 coins.
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.
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「The Big Short」 Michael Burry Questions SpaceX and Anthropic Valuation: Both Not Worth $1 Trillion
June 1: Michael Burry, the central figure of *The Big Short* who famously bet against the U.S. housing market to profit from the 2008 financial crisis, recently expressed skepticism over the $1 trillion-plus valuations of SpaceX and Anthropic, asserting neither has the long-term fundamentals to justify such price tags.
In comments on his Substack, Burry said any future growth in SpaceX’s valuation would come from market speculation and technical factors, not actual business performance. He argued the aerospace company’s IPO prospectus failed to provide a credible basis for valuations between $1 trillion and $2 trillion. SpaceX’s S-1 filing projects 2025 revenue of $18.7 billion and a net loss of $4.9 billion, while market consensus broadly pegs its upcoming IPO valuation at around $2 trillion.
Turning to Anthropic—an AI startup that recently wrapped up a funding round at a $965 billion valuation—Burry voiced similar doubts. He called the large language model (LLM) development model "
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The US Military Claims Successful Interception of Ballistic Missile Fired by Iran at US Military Base in Kuwait
June 1 – The U.S. Central Command (CENTCOM) reported that Iran fired two ballistic missiles at U.S. troops stationed in Kuwait during local Sunday evening hours. U.S. military air defense systems successfully intercepted the missiles, resulting in no American casualties or facility damage.
This marks the latest missile attack by Iran targeting U.S. military interests in the Middle East amid escalating tensions between the two countries. The U.S. military has deployed additional forces to the Gulf region, including F-35 fighter jets, air defense missile systems, and naval vessels, to strengthen regional defense capabilities.
As of the time of publication, Iran has not issued any further statements regarding the incident.
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