SpaceX IPO Approaching: Contract Trading Frenzy Surges, Open Interest Soars

June 12 – Per official statements, Metaplanet announced it has reached an agreement to acquire 100% of the shares of Japan’s licensed first-tier securities firm Siiibo Securities. Siiibo Securities is a pioneer in Japan’s online corporate bond market. The transaction is set to close in July, at which point the firm will be rebranded Metaplanet Securities. This marks Metaplanet’s first major acquisition since its founding, and it is the first key step advancing its long-term Project Nova strategy. The initiative aims to build a financial ecosystem in Japan centered on Bitcoin.

June 12 — Bitget market data shows U.S. pre-market trading saw mixed results across the optical communication and storage sectors, with details below: Optical Communication Sector: NOK rose 2.7%, AAOI gained 0.41%, COHR advanced 1.14%, while MRVL fell 2.26%. Storage Sector: STX edged up 0.01%, WDC added 0.51%, SNDK dropped 0.41%, and MU declined 1.55%.

June 12 – Bank of Korea Governor Lee Ju-yeol warned that the central bank can’t afford to fall behind the curve when taming inflation. His remarks signal policymakers are increasingly urgent to act sooner rather than later. In his comments, Lee cited ongoing Middle East tensions as boosting inflation concerns. This has cemented market bets the Bank of Korea will resume tight monetary policy as early as next month, as the Iran crisis lifts energy prices and disrupts global supply chains. Overall, when balancing growth, inflation, and financial stability, Lee said monetary policy signals are relatively clear. While central bankers must weigh multiple factors, they can’t delay action too long if price stability is at risk. Even with cost-relief measures easing some pressure, South Korea’s inflation is likely to stay above its target level for an extended period.

June 12 – Per Bitget market data, SpaceX’s impending IPO has driven pre-market gains for U.S. aerospace stocks. Intuition Machinery climbed 3.6%, Planet Lab advanced 3.8%, Rocket Lab surged 7.5%, and Satellogic rose 5.5%.

June 12, according to Iran’s Mehr News Agency, the U.S. and Iran have reached a memorandum of understanding (MOU) to reopen the Strait of Hormuz within 30 days. Bitget market data shows both WTI and Brent crude futures dropped more than 4% during intraday trading.

According to Bitget market data, European stock indices notched strong gains on June 12, with Germany’s DAX 30 Index, France’s CAC 40 Index, and the Euro Stoxx 50 Index all climbing over 2%.