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Prominent Trader Warns Retail Investors: Do Not Short SpaceX, Do Not Bet Against BlackRock, Fidelity, Vanguard

1 hours ago

June 12th — Renowned trader Killa (@KillaXBT) warned followers not to try shorting SpaceX. “Never go against the whales. BlackRock, Fidelity, Vanguard aren’t to be messed with — they control the market.” “Does it matter if the price is too high? Nope. Is the valuation overinflated? Doesn’t matter at all. The entire stock market is one bubble stacked on top of another, and short-term, nothing’s gonna shift that.”
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U.S. Aerospace Concept Stocks Continue to Fall, Multiple Stocks Drop Over 10%

June 12 — U.S. aerospace stocks extended their downward trajectory, per data from Bitget, with major names in the sector posting sharp losses: Intuitive Machines fell 10.3%, Planet Labs dropped 7.8%, Rocket Lab declined 8.8%, Satellogic slid 9.8%, Virgin Galactic plummeted 25.1%, and Redwire was down 10%.

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Approximately 70% of the shares allocated in the SpaceX equity raise are reserved for long-only investors and sovereign wealth funds.

June 12 — Per market sources, roughly 70% of the shares allocated in SpaceX’s institutional placement were snapped up by long-term investors and sovereign wealth funds, a clear signal of institutional confidence in the company’s long-term prospects.

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Closed-End Fund Holding SpaceX Stock Plunges

June 12: Closed-end funds holding SpaceX stock posted declines, with Fundrise Innovation dropping 6.3% and Destiny Tech100 falling 7%.

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SpaceX stock is expected to open at $171, with Tradfi once again accurately pricing it.

On June 12, SpaceX stock is projected to debut at $171 per share on Nasdaq, a premium to its $135 initial public offering (IPO) price. Notably, this debut price closely matches valuations on Tradfi platforms including trade.xyz and Binance—marking yet another instance where Tradfi has accurately priced an IPO.

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White House Official Reveals US-Iran Deal Details: Iran's Nuclear Material to Be Safely Removed Before Frozen Funds Released

On June 12, well-known Fox News correspondent Aishah Hasnie reported that White House officials outlined the following key terms of the Iran nuclear agreement: All nuclear materials will be destroyed and removed, Iran’s entire nuclear program will be dismantled, Tehran will not gain access to its frozen funds until it fully complies with the deal’s rules, the Strait of Hormuz will remain open, and Iran will cease sponsoring terrorist organizations. A senior White House spokesperson emphasized, “That’s exactly what they agreed to. This is a compliance-based deal.”

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Trump: Iran Leak to Fake News Had Nothing to Do with Terms Agreed Upon in Writing

June 12: Trump asserted that the leaked Iran-related terms bear no relation to the actually agreed-upon terms, while Iran claimed the finalized deal it reached does not align with the facts. Additionally, Iran’s drone strike on an Indian vessel departing the Strait of Hormuz is completely unacceptable. “When dealing with Iran, there is no such thing as good faith. Iran had better act quickly.”

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