# Friday, June 12th, 2026 - SpaceX IPO Makes Elon a Trillionaire, Trump Cancels Iran Strikes Over a Draft Deal, USPS Is Coming for Mail-In Ballots

Page: https://stenobird.com/podcast/morning-announcements-1365801/friday-june-12th-2026-spacex-ipo-makes-elon-a-trillionaire-trump-cancels-iran-strikes-over-a-draft-deal-usps-is-coming-for-mail-in-ballots
Text version: https://stenobird.com/podcast/morning-announcements-1365801/friday-june-12th-2026-spacex-ipo-makes-elon-a-trillionaire-trump-cancels-iran-strikes-over-a-draft-deal-usps-is-coming-for-mail-in-ballots.md
Podcast: [Morning Announcements](https://stenobird.com/podcast/morning-announcements-1365801)
Published: 2026-06-12T09:00:00+00:00
Episode link: https://pdst.fm/e/titlepl.us/redirect.mp3/BETCHES/3/traffic.megaphone.fm/BMLLC7155477484.mp3
Audio file: https://pdst.fm/e/titlepl.us/redirect.mp3/BETCHES/3/traffic.megaphone.fm/BMLLC7155477484.mp3
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Duration seconds: 709

## Resource

Today's Headlines: SpaceX went public today raising $75 billion at a $1.77 trillion valuation, making Elon Musk humanity's first trillionaire. Moving on, Trump spent Thursday morning threatening to seize Iran's main oil hub Kharg Island, then hours later cancelled strikes because Iran "approved a draft agreement" to reopen the Strait of Hormuz and begin 60 days of nuclear negotiations — except Iran's own state media reported no agreement had been approved and that "the Americans kept changing their positions," though the stock market had its best day in two months anyway because the concept of a deal is apparently enough for Wall Street. In voter suppression news, the USPS quietly changed its rules to require states to hand over voter lists for anyone requesting mail-in ballots, with 23 states suing to stop it and the first judge already declining to block it, because of course they did. Trump dropped Bill Pulte as acting DNI after even Republicans said no, replacing him with Jay Clayton — Manhattan US Attorney, former SEC chair, and someone with no intelligence experience but a strong track record of loyalty to Trump. The DOJ is subpoenaing JP Morgan, Bank of America, and Wells Fargo to investigate alleged "debanking" of conservatives, with the primary evidence being that Trump lost his bank accounts after January 6th, and a DOJ staffer working on Traitor Fund legislation quietly asked to recuse himself because he was planning to file a claim from the same fund he's helping write. In Trump shenanigans news, his birthday UFC cage fight is set up on the White House lawn — with rain in the forecast — and workers will operate 20 hours a day year-round to build his gold arch in DC by the end of his term. And finally, Vance Boelter, the Minnesota man who posed as a police o…

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