**Summary:** Elon Musk has become the world's first trillionaire after his rocket and AI company, SpaceX, completed a record-breaking initial public offering (IPO) in New York.

**Key points:**
- SpaceX shares opened at $150, valuing the company at approximately $2 trillion.
- Musk's total net worth reached an estimated $1.05 trillion, significantly outpacing other global billionaires.
- The IPO offered a substantial portion of shares to retail investors, estimated between 20% and 25%.
- Musk retains significant control over SpaceX through a dual-class share structure that grants him majority voting power.

**Why it matters:** This milestone marks the first time an individual has reached a trillion-dollar net worth, highlighting the massive market valuation of Musk's private ventures and his influence on the global economy.

myjoyonline.com - SpaceX IPO makes Elon Musk the world’s first trillionaire

financialpost.com - Elon Musk becomes world’s first trillionaire after SpaceX IPO

chelmsfordweeklynews.co.uk - Elon Musk becomes world’s first trillionaire after SpaceX mega float

Elon Musk Becomes World's First Trillionaire Following SpaceX IPO

**Summary:** A judge at the Spanish National Court has opened a separate investigation into former Prime Minister José Luis Rodríguez Zapatero for alleged tax fraud and smuggling related to jewelry found in his office.

**Key points:**
- The jewelry, discovered during a May 19 search of Zapatero's office, has been preliminarily valued at 1.3 million euros by the Ansorena jewelry house.
- Zapatero's representatives had previously estimated the value of the items to be between 30,000 and 50,000 euros.
- The investigation is part of the broader 'Plus Ultra' case, which centers on allegations of influence peddling regarding a government rescue of the airline.
- Judge José Luis Calama has scheduled Zapatero to be questioned regarding these new charges during his existing court appearances on June 17 and 18.

**Why it matters:** The case involves a high-profile former head of government and raises significant questions regarding unexplained wealth and potential tax evasion linked to a controversial state-funded corporate rescue.

que.es - El juez ordena la tasación de las joyas de Zapatero : 1 , 3 millones frente a 50 . 000 de su defensa

eldiario.es - El juez Calama investiga a Zapatero por contrabando y delito fiscal tras incautarle joyas valoradas en 1,3 millones

huffingtonpost.es - El juez abre una pieza separada contra Zapatero por presunto contrabando y delito fiscal por las joyas encontradas

elpais.com - El juez del ‘caso Plus Ultra’ abre una pieza separada para investigar a Zapatero por delito fiscal y contrabando por las joyas

Judge Opens Separate Investigation into Former Spanish PM Zapatero Over Jewelry

**Summary:** Renowned British artist David Hockney, a key figure in the 20th and 21st-century art world, has died at the age of 88. His death was confirmed by his agent, who stated he passed away peacefully at his home in London.

**Key points:**
- Hockney was a prominent contributor to the 1960s pop art movement.
- He was known for his vibrant, colorful works across various mediums, including painting, photography, and printmaking.
- The artist passed away on June 11, 2026, just one month before his 89th birthday.
- His publicist noted that details regarding memorial services will be announced in the future.

**Why it matters:** David Hockney was widely regarded as one of the most influential and important figures in contemporary art, leaving behind a significant legacy in both the 20th and 21st centuries.

newsfeed.zeit.de - Kunst: Britischer Künstler David Hockney gestorben

thejournal.ie - Renowned British artist David Hockney dies aged 88

faz.net - Maler und Fotograf: Britischer Künstler David Hockney gestorben

france24.com - British artist David Hockney has died at 88, his agent says

elpais.com - Muere David Hockney, uno de los artistas británicos más influyentes del siglo XX

Influential British Artist David Hockney Dies at 88

**Summary:** The United States and Iran are nearing a memorandum of understanding aimed at de-escalating regional tensions, with potential signing ceremonies being prepared in Geneva.

**Key points:**
- The proposed agreement includes a 60-day extension of the current ceasefire and a framework for addressing Iran's enriched uranium stockpile.
- Terms involve the reopening of the Strait of Hormuz without tolls and temporary relief from US sanctions on Iranian oil exports.
- Iran has presented a 14-point list of demands, including the withdrawal of US forces and the release of frozen assets.
- US Air Force C-17 transport aircraft have been deployed to Europe to facilitate a potential signing ceremony involving US Vice President J.D. Vance.

**Why it matters:** A formal agreement between the US and Iran could significantly alter the security and economic landscape of the Middle East by curbing nuclear proliferation and stabilizing global energy transit routes.

Kerkida.net - Τι περιλαμβάνει η συμφωνία με το Ιράν που ανακοίνωσε ο Τραμπ - Στο « σκοτάδι » ο Νετανιάχου

Offsite - Θρίλερ με τη συμφωνία ΗΠΑ - Ιράν : Ο Τραμπ βλέπει υπογραφή στην Ευρώπη - Η Τεχεράνη επιμένει στις « κόκκινες γραμμές »

Offsite - Ιράν : « Σχεδόν έτοιμο » το κείμενο μνημονίου με τις ΗΠΑ - 4 αμερικανικά αεροσκάφη αναχώρησαν για Ευρώπη ενόψει υπογραφών

US and Iran Near Memorandum of Understanding to De-escalate Tensions

**Summary:** The Russian Ministry of Defense announced that its forces conducted two massive and five group strikes against Ukrainian energy, transport, and military infrastructure between June 6 and June 12, 2026, in response to attacks on Russian territory.

**Key points:**
- Russian air defense systems reported intercepting 4,776 Ukrainian drones over the past week.
- The Ukrainian General Staff confirmed strikes on Russian oil refineries in Tatarstan and a chemical plant in Togliatti.
- Russian forces claimed to have captured the settlement of Pryiut in the Donetsk People's Republic.
- Russian military groups 'Vostok' and 'Dnepr' reported ongoing offensive operations and significant Ukrainian personnel losses.

**Why it matters:** The escalation of long-range strikes against critical energy and industrial infrastructure in both nations marks a significant intensification of the ongoing conflict.

interfax.ru - Средства ПВО за неделю сбили 4776 дронов

interfax.ru - За неделю нанесены два массированных и пять групповых ударов по военным целям на Украине

rss.unian.net - "Поздравили" с Днем России: Генштаб раскрыл последствия массированных "прилетов" по оккупантам

Russian Military Reports Major Strikes on Ukrainian Infrastructure

**Summary:** In a nationwide broadcast on June 12, 2026, President Bola Tinubu commemorated Nigeria's 27 years of unbroken civilian rule while addressing ongoing security challenges and honoring historical figures of the democratic struggle.

**Key points:**
- President Tinubu announced a security emergency, including the recruitment of 50,000 police officers and increased defense spending of N5.41 trillion.
- The address paid tribute to key figures of the June 12, 1993, struggle, including Chief M.K.O. Abiola and Gani Fawehinmi.
- The administration reported an 81% decline in terror-related deaths since 2015 and the neutralization of 13,000 terrorists in the past year.
- National honors were conferred upon several journalists and retired military officers for their contributions to the fight against military rule.

**Why it matters:** The address serves as a critical policy update on the administration's security strategy and its efforts to solidify democratic institutions in Nigeria.

legit.ng - Full text: All what Tinubu said on Democracy Day on June 12

premiumtimesng.com - June 12: What Tinubu told Nigerians on Democracy Day 2026 (FULL TEXT)

President Bola Tinubu Addresses Nigeria on Democracy Day 2026

**Summary:** Princess Bajrakitiyabha of Thailand has died at age 47 following a coma that lasted approximately three and a half years. The royal household confirmed she passed away on Thursday evening at a hospital in Bangkok.

**Key points:**
- The princess, known as 'Bha', was the eldest daughter of King Maha Vajiralongkorn.
- She had been in a coma since collapsing in December 2022 due to heart-related issues.
- Medical reports indicated her condition deteriorated in May 2026 due to multiple organ infections.
- She was one of the three children of the King who held formal titles and rights to the throne.

**Why it matters:** As the eldest daughter of King Maha Vajiralongkorn and a potential heir, the death of Princess Bajrakitiyabha marks a significant moment for the Thai monarchy and the royal succession.

nettavisen.no - Thailand , Utenriks | Prinsesse Bajrakitiyabha er død etter fire år i koma

tagesanzeiger.ch - Prinzessin Bha gestorben : Thailands Königstochter 47

express.de - Erlöst nach langem Koma : Thailands beliebte Prinzessin Bajrakitiyabha stirbt mit nur 47 Jahren

Thailand's Princess Bajrakitiyabha Dies at 47 After Long Coma

**Summary:** A South Korean court has sentenced former President Yoon Suk Yeol to 30 years in prison for his role in a military drone operation over North Korea, which prosecutors claimed was intended to create a pretext for his 2024 martial law declaration.

**Key points:**
- The Seoul Central District Court found the former president guilty of abuse of power and aiding the enemy.
- Prosecutors argued the drone incursion was used to fabricate wartime conditions to justify the failed December 2024 martial law decree.
- Yoon is already serving a life sentence for insurrection related to the same martial law attempt.
- The former president's legal team denied the charges, asserting the drone operation was a legitimate act of self-defense against North Korean trash-carrying balloons.

**Why it matters:** The sentencing marks a significant legal development in the ongoing political fallout from the 2024 martial law crisis, further complicating the legacy of the former administration.

straitstimes.com - South Korea court sentences ex-President Yoon to 30-year jail term in drone case

straitstimes.com - South Korea’s ex-president gets 30 years over North Korea drone incident

deccanchronicle.com - S. Korea's Ex-President Yoon Suk Yeol Jailed 30 Years Over 2024 Drone Incident

scmp.com - South Korean court sentences ex-president Yoon to 30 years over Pyongyang drone plot

South Korean Court Sentences Former President Yoon Suk Yeol to 30 Years for Drone Incursion