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SPACEX IPO to Attract Institutional Subscription Orders Exceeding $250 Billion

1 hours ago

June 12, per market sources, SpaceX’s upcoming IPO is drawing over $250 billion in institutional subscription orders, with total overall demand for the offering reaching $350 billion.
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US Stock Market Rebound Drives Bitcoin's Surge Above $64,000

June 12 — Per HTX market data, Bitcoin rebounded to clear $64,000, currently trading at $64,087.49. Meanwhile, several U.S. tech stocks advanced; Bitget market data shows Arm rallied 10%, AMD and Intel each gained 5%, and Qualcomm notched a 4.8% rise.

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Ansem Compares SpaceX to a Meme Coin: Low Circulation, High FDV, and Influencers Shilling It as the Musk of Top Streamers

June 12: Crypto key opinion leader (KOL) Ansem stated, “Trading low-circulation, high fully diluted valuation (FDV) coins that run on hype has been a practice for over a decade, and that’s exactly what prepared me for this day. This asset’s circulating supply makes up just 4% of its total supply, with narratives focused on artificial intelligence and interstellar travel. The KOL orchestrating the pump-and-dump here is none other than top streamer Musk.”

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US Vice President: Iranian people did not receive any cash and will not simply have their funds unfrozen by signing a deal or attending a meeting

June 12 — U.S. Vice President Kamala Harris clarified that widespread misinformation is circulating about a potential deal to reopen the strait and end Iran’s nuclear weapons program. Iran has not received any cash payments, nor will its funds be unfrozen simply by signing the agreement or attending the meeting.

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Iranian Foreign Minister: Memorandum of Understanding has never been closer

June 12 – Iranian Foreign Minister Araghchi stated that the Iran Nuclear Deal has never been closer. Under Iran’s responsible and transparent approach, all details will be shared with the public at an appropriate time. Until a final agreement is reached, the media is urged to refrain from speculating on the deal’s contents.

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Iranian Foreign Minister Confirms Agreement Progress, Two Oil Prices Temporarily Fall

June 12 – Iranian Foreign Minister confirmed that a memorandum of understanding is closer to being finalized than ever before. This development led to a short-term dip in both key crude oil benchmarks. Per Bitget’s market data, Brent crude oil is currently trading at $86.985, with a 1.62% drop over the past hour, while WTI crude oil stands at $83.88.

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SpaceX President: There Will Be No Large-Scale Employee Cash-Out Departures

CNBC — SpaceX President Gwynne Shotwell shared in remarks on June 12 that the company’s initial public offering has allowed many SpaceX employees to cash in, with some reaping sizable profits and others earning generous sums. Long before the IPO price was set at $135 per share, employees already held large blocks of company shares they had acquired at a deep discount. Shotwell also noted that CEO Elon Musk attended this week’s investor meeting.

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