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Time:2026-06-11T22:56:52Z

SpaceX has launched the world's largest IPO with a valuation approaching $1.8 trillion, cementing Elon Musk's financial influence. US-Iran relations remain highly volatile as Trump cancels planned strikes at the last minute, talks up a potential peace deal, while airstrikes have already occurred on prior days. Ukrainian drone warfare is disrupting Russian logistics and drawing international partners like Canada into the conflict's supply chain.

SpaceX's record-breaking $1.8 trillion IPO

SpaceX's record-breaking $1.8 trillion IPOSpaceX has gone public in what is now the largest IPO in history, with the company valued at nearly $1.8 trillion. The listing further entrenches Elon Musk's financial and political power, while some analysts question whether the valuation is sustainable. Longtime private shareholders who accumulated shares over 15 years are now poised for massive windfalls. The IPO has drawn intense scrutiny from both retail and institutional investors.

Trump calls off Iran strikes amid talk of peace deal

Trump calls off Iran strikes amid talk of peace dealDonald Trump has called off threats to strike Iran after claiming a breakthrough in negotiations to end the conflict. He had previously vowed to hit Iran 'very hard' and seize its oil and gas sectors, but reversed course citing progress in talks. The sudden reversal marks another abrupt policy shift from the Trump administration on Iran. Trump hinted a formal settlement could be announced soon.

Trump claims US-Iran peace deal imminent

Trump claims US-Iran peace deal imminentTrump has claimed that the United States and Iran are on the verge of signing a peace agreement, saying a deal will be announced 'soon.' He stated he has 'cancelled' further strikes against Iran and is pursuing a diplomatic resolution. The Guardian and BBC both report the president's upbeat assessment, though details of the proposed agreement remain unclear. Critics note the pattern of rapidly shifting positions on military action versus diplomacy.

US and Iran trade airstrikes before de-escalation

US and Iran trade airstrikes before de-escalationPrior to the sudden diplomatic shift, the US and Iran had engaged in active airstrikes against each other. The US launched strikes after Trump blamed Tehran for downing an American Army helicopter, and Iran retaliated by targeting Gulf states and Jordan. This brief but intense exchange of fire preceded the talks that led to the current ceasefire posture. The sequence underscores the extreme volatility of US-Iran relations.

Ukrainian drone warfare targets Russian supply lines

Ukrainian drone warfare targets Russian supply linesUkrainian drone campaigns are increasingly menacing Russian logistics, creating what one report describes as a 'highway of death' along key supply routes. A Canadian drone manufacturer has come under the spotlight after signing a production deal with Ukraine, drawing threats from Russia. Moscow has publicly branded Canada a 'warmonger' over its involvement in equipping Ukraine's drone fleet. The drone strategy is reshaping battlefield dynamics in the ongoing conflict.