SpaceX is considering reserving up to 5% of its IPO shares for purchase by employees and executives' friends and family

June 1. Iran’s semi-official Tasnim news agency reported that Iran has decided to suspend all indirect talks and text exchanges with the United States via intermediaries, citing Israel’s recent escalation of military operations in Lebanon and the Gaza Strip. The outlet said Tehran is demanding Israel immediately halt its military actions in Gaza and Lebanon and fully withdraw from all occupied Lebanese territory before any negotiations can resume, adding Iran will not restart talks until those conditions are met. Separately, Iran and the so-called “Resistance Front” have reportedly resolved to completely block the Strait of Hormuz, and have warned they could open additional fronts—including the Strait of Mandeb—as retaliatory steps. In the wake of the announcement, global oil prices spiked sharply during trading hours: both West Texas Intermediate (WTI) and Brent crude rose more than 4% at their peak, the U.S. Dollar Index hit a daily high, and U.S. Treasury prices declined. Irania

June 1st, Bitget market data shows Virgin Galactic (SPCE) opened with a 23% surge, following a 36% rally last Friday to push its short-term gains over 200%. The key drivers behind this move are as follows: - SpaceX IPO Hype: Reports of a SpaceX IPO at an enormous valuation have been swirling in recent sessions. Retail investors are treating SPCE as a de facto "SpaceX concept stock," sparking a meme-driven buying spree. - Company-Specific Catalyst: The VSS Unity spacecraft recently completed a successful glide test, clearing the path for commercial space trips in 2026. This marks a major milestone for Virgin Galactic, which had been grounded for two full years prior to this test. - Frenzied Trading Activity: Last Friday, SPCE’s trading volume spiked to nearly 180 million shares—well above its daily average. Retail investor enthusiasm has reached a fever pitch, fueling the recent price surge. As a reminder, Virgin Galactic is the only publicly traded pure-play commercial space tourism c

June 1 – According to Lookonchain’s monitoring, a newly formed wallet (0x6436) withdrew 126,739 HYPE tokens from exchanges including Bybit, OKX, Kraken and Gate just 30 minutes ago, with an estimated value of approximately $9.33 million.

June 1st: Per Bitget’s market data, major U.S. stock indexes opened lower today amid fresh developments in the Middle East. The Dow Jones Industrial Average slipped 0.3%, the S&P 500 fell 0.2%, and the Nasdaq Composite declined 0.19%. Nvidia (NVDA.O) rose 2.7% and Microsoft (MSFT.O) gained 3%—the two tech giants jointly launched the Arm-based RTX Spark PC chip, marking Nvidia’s official entry into the personal computer CPU market. Arm (ARM.O) surged 8.8%, while Intel (INTC.O) dropped 6.6%. Memory storage stocks posted widespread gains: Micron Technology (MU.O) jumped over 5% to cross the $1000 threshold, and SanDisk (SNDK.O) advanced 3.4%. MicroStrategy (MSTR), meanwhile, opened 9% lower; the company sold 32 Bitcoin from its treasury last week at an average price of around $77,135 per BTC.

June 1 – Iran and the Resistance Front have decided to fully block the Strait of Hormuz, Tasnim News Agency reported. As a retaliatory move, other regional fronts may also be activated, with the Strait of Mandeb among the potential flashpoints. No negotiations will take place until Iran’s demand that Israel halt all military activities in Lebanon and Gaza is met. Iranian officials have called on Israel to immediately cease its military operations in Gaza and Lebanon, and to fully withdraw from all areas it occupies in Lebanon before any talks can restart.

June 1, according to Bitget market data, WTI Crude Oil Futures surged 5% during intraday trading and currently stand at $91.74 per barrel. The front-month crude oil futures contract posted short-term gains, with SC Crude Oil futures rising 3.25% to 603.8 yuan per barrel. Low-sulfur Fuel Oil (LU) climbed 2.76% to 4,773 yuan per ton; Fuel Oil added 2.24% to 3,924 yuan per ton; and Bitumen gained 3.21% to 4,373 yuan per ton.