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Iran Denies Will Sign US-Iran Agreement on Sunday

1 hours ago

June 12 — Iranian sources are dismissing as completely false claims by Trump and some foreign media that a final agreement has been reached and is scheduled to be signed in Geneva this Sunday, according to local Iranian reports. The source added that Iran’s internal review and decision-making process for the agreement has not been finalized yet, so both the announced Sunday signing date and Geneva location have been entirely denied. (Farsna News Agency)
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Market News: xStock Underlying Supply Chain Issues, SpaceX Facing Stockouts

June 12 – Per market sources and community feedback, an issue has arisen with xStock’s underlying supply chain. Multiple trading platforms have run out of stock for new listings, so users are advised to check the status of their hedge positions.

8 minutes ago

Kraken Employee: SPCX Subscription Quota on xStocks Platform Significantly Reduced

On June 12, Kraken employee Nata announced that subscription levels for SpaceX tokenized stock (SPCX) via the xStocks platform were "far lower than expected—significantly reduced," noting that hedging for the offering has been canceled. To date, Kraken has not released an official statement regarding the matter.

8 minutes ago

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%.

8 minutes ago

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.

8 minutes ago

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%.

8 minutes ago

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.

8 minutes ago

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