June 13th overnight news summary

1. On the first day of its listing, SpaceX closed up by 19%, with a total market value of $2.1 trillion and a trading volume of $80 billion. SpaceX's total market value jumped to sixth in the world on its first day of listing. Real-time data from the Forbes Billionaires List shows that Musk's personal wealth exceeded $1.1 trillion at one point, making him the world's first trillionaire. 2. Pakistani Prime Minister Shabaz said on social media on the 12th that Iran and the United States have reached an agreement on the final text of a peace agreement, and Pakistan is currently closely cooperating with both parties to finalize the follow-up steps. Pakistani Deputy Prime Minister and Foreign Minister Dar will travel to Geneva, Switzerland to continue mediation efforts between Iran and the United States. 3. On the 12th local time, according to Iranian sources, Iranian Foreign Minister Araghchi stated that once Iran and the US complete the final stage of negotiations, a memorandum of understanding will be signed and announced immediately. The first stage will be signed remotely electronically, "which may happen in the next few days." 4. Iranian Foreign Minister Araghchi disclosed some contents of the draft memorandum of understanding between Iran and the US during a program broadcast on the evening of the 12th on Iranian Islamic Republic Broadcasting. The content involves cease-fire arrangements, navigation in the Strait of Hormuz, and economic issues. 5. A senior US government official said that the US side has "80% to 85%" confidence in signing a memorandum of understanding with Iran in the next few days. At the same time, the US is "confident" that Israel will support the US-Iran memorandum of understanding. 6. Sources familiar with the matter stated that the US Department of Justice has approved Paramount Pictures' proposed acquisition of Warner Bros. 7. Due to the Iran war causing the most serious supply disruption in history, US emergency reserve crude oil exports have soared to a historic high. Customs data compiled by Kpler shows that nearly 22 million barrels of crude oil from the US strategic petroleum reserve have been sold to overseas markets so far this year. 8. According to data released by the US Commodity Futures Trading Commission on Friday, as of June 9, hedge funds, asset management companies, and other speculative traders held a total value of $27.8 billion in long positions on the US dollar. This is the highest level since February 2025.