US Media: Multinational Officials Call Trump to Urge Military Action Freeze
June 12 — Per Politico, on June 11, leaders from Qatar, the United Arab Emirates, and Pakistan made a last-ditch effort to sway President Trump after he issued a warning early that Thursday morning about taking "very tough actions against Iran" later that same night. They assured Trump a preliminary deal was within reach. According to U.S. government officials and a diplomat, these diplomatic calls convinced Trump to temporarily hold off on military action.
Earlier today, BlockBeats reported a glimmer of hope in the U.S.-Iran standoff: Trump said Iran’s Supreme Leader had agreed to a deal expected to be signed this weekend. Before Trump’s remarks, Iran’s Foreign Ministry dismissed all reports of a potential agreement as speculative. But after Trump’s comments, Fars News Agency — a media outlet linked to Iran’s Islamic Revolutionary Guard Corps — stated, “Given that the United States has accepted Iran’s proposed draft agreement, there is a high likelihood that this text has received Te
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Strait of Hormuz Non-Iranian Oil Transit Surges 50% This Month Despite Blockade Threat
As of June 12, despite persistent U.S.-Iran tensions, crude oil shipments through the Strait of Hormuz have jumped notably recently. Energy data firm Vortexa reports that in the first 10 days of June, the daily average volume of non-Iranian crude moving through the strategic waterway hit at least 1.8 million barrels — a 50% rise from May’s roughly 1.2 million barrels.
Separately, U.S. sanctions have all but halted Iranian crude oil shipments: no Iranian oil has passed through the strait in that same 10-day window.
Xavier Tang, Vortexa’s senior market analyst, says “dark sailing” — when vessels turn off their Automatic Identification System (AIS) transponders to hide their routes — has become standard practice for ships transiting the Strait of Hormuz. While total oil volumes are still well below the roughly 20 million barrels per day seen before regional tensions escalated, market fears that the strait could be closed have eased sharply.
When Iran renewed its threat to block the
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Wall Street Gears Up for Historic SpaceX IPO, Retail Investor Subscriptions Top $100 Billion
On June 12, Elon Musk’s SpaceX filed for a $75 billion IPO, offering 5.556 billion shares at $135 apiece—a valuation that pushed it past Tesla to become the U.S.’s seventh-largest company by market cap. The space firm is set to make its Nasdaq debut this Friday in what’s shaping up to be the biggest IPO in U.S. history.
Investor enthusiasm for SpaceX’s offering is off the charts. U.S. retail investors have snapped up more than $100 billion in shares, well over the fundraising target, while institutional demand is four times the number of shares being offered. Blackrock alone has placed an order worth at least $5 billion, and SpaceX says it will reserve at least 20% of its shares for retail buyers.
Prediction market platform Polymarket shows traders put an 84% chance SpaceX will top $1.8 trillion in market cap on its first trading day, with a 69% probability it’ll even hit $2 trillion. Pre-IPO perpetual contracts from Hyperliquid signal the stock could jump more than 20% in its de
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AI Robot Startup Theker Completes $85 Million Series A Funding Round, Led by CRV
June 12th — Theker, an AI robotics startup based in Barcelona, Spain, closed an $85 million Series A funding round—an amount the company calls the largest Series A in European robotics industry history. The round was led by U.S. venture capital firm CRV, with participation from Samsung Electronics and Aglaé Ventures, the investment firm operated by LVMH Group chairman Bernard Arnault.
Theker builds general-purpose industrial robots, with products featuring a modular design that lets users swap out robotic arms, grippers, and adjust the robot’s overall form to work in a wide range of settings: sorting packages, packing clothes, handling beverages, and more, instead of being limited to a single task. Inditex, the parent company of Zara, is one of the startup’s early investors.
Co-founder Carla Gómez Cano said the company isn’t stopping at pilot projects—its goal is to push straight to commercial rollouts for logistics and operations teams. Beyond retail, Theker plans to expand into mor
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BitFi has released the Tokenomics and officially launched the BFI Public Sale through Sonar
**June 12 Update**
Per official announcements, the BitFi BFI Public Sale launched officially on June 11 via Sonar. Eligible users who have completed registration, eligibility verification, and KYC are now able to participate in this sale through Sonar.
BFI is the native token of the BitFi ecosystem, with a fixed total supply of 1 billion tokens. 1.00% of this supply is allocated to the current public sale. The sale price is set at 0.05 USDC, corresponding to a fully diluted valuation (FDV) of $50 million, with a target fundraising amount of $500,000. This sale uses a "fixed price + pro-rata allocation" mechanism, and participation is supported via USDC on the Ethereum network.
Public data further indicates BFI was initially issued on the Ethereum mainnet, built with a cross-chain standard to enable future circulation in multi-chain ecosystems including Base and BNB Chain. BitFi plans to allocate 47.00% of its total token supply to the community and ecosystem—this includes TGE a
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How Much Money Have SpaceX Shareholders Made? Google Tops the List with $109 Billion, Binance Stake Grows by $1.1 Billion, Trump Associates Get a Piece of the Pie
**SpaceX Completes Equity Distribution, Pre-Market Valuation Hits $2.2T (June 12 Update)**
On June 12, SpaceX finalized an equity distribution to institutional and strategic shareholders, bringing the company’s pre-market valuation to $2.2 trillion.
Data compiled by BlockBeats shows over a dozen top institutions—including Alphabet (Google), Baron Capital, D1 Capital, Darsana, and Scottish Mortgage—collectively hold roughly 9% of SpaceX’s outstanding shares. Alphabet leads all shareholders with a 5.000% stake, valued at $110 billion, for an estimated profit of $109 billion.
Separately, existing X (the platform formerly known as Twitter) shareholders will proportionally claim the final 5% of SpaceX shares via a $33.5 billion equity pool. Through public funds and special purpose vehicle (SPV) channels, entities like Private Shares Fund and ARK Venture Fund hold a combined ~0.05% of SpaceX’s shares.
Small-scale disclosures also detail holdings tied to Trump associates and U.S. g
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