Daily Digest — 13 Jun 2026

SpaceX’s blockbuster Nasdaq debut dominated markets today, with shares closing at \(161 after opening at \)135 — a 19% surge that pushed Elon Musk’s net worth past \(1.1 trillion, making him the world's first trillionaire. The IPO success sparked a broader risk-on sentiment, with precious metals rallying sharply as gold jumped 3% to \)4,238 and silver soared 6.2% to \(68, while oil retreated 3.2% to \)84.88 amid easing geopolitical tensions.

The AI landscape shifted dramatically as the US government issued export controls forcing Anthropic to suspend access to its most advanced Fable 5 and Mythos 5 models for all foreign nationals, even those within the United States. The move has frustrated Anthropic, whose own safety warnings about AI capabilities may have inadvertently triggered the restrictions, highlighting growing tensions over AI sovereignty and national security.

Geopolitical developments offered mixed signals as Trump administration officials suggested an Iran peace deal could be signed within days, though they cautioned it wasn’t “100% certain.” Meanwhile, the UK jailed four Palestine Action activists on terrorism charges for raiding an Israeli arms factory, underscoring continued tensions over the Palestinian cause.

Crypto markets remained subdued with Bitcoin down slightly to $63,497, though Standard Chartered analysts declared the crypto winter over, citing the SpaceX IPO and potential Iran deal as catalysts. Renault’s breakthrough in rare-earth-free electric motors offered a bright spot for sustainable technology, potentially reducing Western dependence on Chinese-controlled mineral supply chains.