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Time:2026-06-11T20:58:30Z

SpaceX is moving toward a record-breaking $1.8 trillion IPO, the largest in history, cementing Elon Musk's financial influence. The 2026 World Cup kicks off today with match schedules, group details, and the US men's team in focus. US-Iran tensions escalate dramatically: Trump both threatens and calls off airstrikes on Iran, while the World Bank warns the conflict could drag the global economy to post-COVID lows. Oil prices fluctuate sharply as military action and diplomacy alternate.

SpaceX heads toward historic $1.8 trillion IPO

SpaceX heads toward historic $1.8 trillion IPOElon Musk's SpaceX is valued at nearly $1.8 trillion ahead of what would be the world's largest IPO. The record share sale underscores Musk's growing financial influence and has attracted both eager investors and skeptics who question whether the valuation is justified. Longtime shareholders who accumulated shares over 15 years stand to reap massive windfalls.

2026 World Cup kicks off today

2026 World Cup kicks off todayThe 2026 FIFA World Cup officially begins today, with host cities and fans around the world preparing for kickoff day. Comprehensive guides covering group stages, match schedules, and kickoff times are now available. The US men's national team enters the tournament with significant attention as a co-host nation.

Trump calls off Iran strikes citing diplomatic progress

Trump calls off Iran strikes citing diplomatic progressPresident Trump called off planned airstrikes against Iran for a third night, citing a breakthrough in talks to end the war. The decision followed earlier threats to strike Iranian territory, including Kharg Island, and to take over Iran's oil and gas sectors. The sudden reversal marks a sharp shift from aggressive rhetoric to diplomatic engagement, raising questions about the administration's strategy.

World Bank warns US-Iran conflict threatens global economy

World Bank warns US-Iran conflict threatens global economyThe World Bank warns that the US-Iran war could drag the global economy to a post-COVID low. President Trump has publicly embraced rising inflation amid the conflict, with consumer prices hitting three-year highs. Oil prices dropped sharply after Trump reversed his threat to strike Iran, reflecting market sensitivity to alternating military and diplomatic signals.

US launches sustained airstrikes on Iran as conflict intensifies

US launches sustained airstrikes on Iran as conflict intensifiesThe US and Iran have exchanged airstrikes after President Trump blamed Tehran for downing an American Army helicopter. The US launched multiple waves of strikes, while Iran retaliated against Gulf states and Jordan, underscoring the region's dependence on American military protection. The conflict has entered a second day of sustained US bombardment.