SBS News

Iranian Foreign Minister: No Nuclear Talks with U.S. Until Interim Agreement is Implemented Iranian Foreign Minister Abbas Araghchi said on June 12 that nuclear negotiations with the United States will only take place after an interim agreement to end the war is implemented. SBS Jun 13, 2026 7:28 AM

SpaceX Goes Public in Record-Breaking IPO; Musk Becomes World's First Trillionaire SpaceX made its debut on the New York stock market overnight with the largest initial public offering in history, immediately becoming the world's sixth-largest company by market capitalization. SBS Jun 13, 2026 6:50 AM

"End-of-War Agreement Possible This Weekend or Monday"... "Closer Than Ever" Negotiations to end the war between the United States and Iran are gaining rapid momentum. SBS Jun 13, 2026 6:46 AM

Shooting in West Texas Leaves 1 Dead, 9 Injured; Suspect Also Dead A shooting in West Texas has left one person dead and nine others injured. According to reports from the Associated Press and local media outlet The Texas Tribune, the shooter began firing indiscriminately while moving south from the southeastern part of Midland, Texas, starting around 8:00 a.m. SBS Jun 13, 2026 3:55 AM

Trump Says Signing of End-of-War MOU Possible This Weekend or Monday President Donald Trump U.S. President Donald Trump assessed it as "very positive" on Friday that Iran announced it is close to reaching a Memorandum of Understanding between the two countries to end the war. SBS Jun 13, 2026 3:53 AM

Elon Musk Becomes World's First 'Trillionaire' as SpaceX Hits 6th Largest Market Cap Bloomberg reported on June 12 that as SpaceX began trading on the Nasdaq at $150 per share, Elon Musk's total net worth reached $1.05 trillion, equivalent to approximately 1,594 trillion Korean won. SBS Jun 13, 2026 2:37 AM

Pakistan PM Says U.S. and Iran Have Reached 'Final, Agreed Upon Text' ▲ Pakistan acting as mediator in U.S.-Iran peace negotiations Pakistani Prime Mi… SBS Jun 13, 2026 2:36 AM

Musk: "I Hope SpaceX Takes You to the Moon, Mars, and Beyond" According to reports from CNBC and The New York Times , Musk addressed employees at the SpaceX headquarters, Starbase, in Texas on June 12 , stating, "I hope SpaceX can take you to the moon, Mars, and ultimately, beyond." Reflecting on the company's early days, he said, "It is hard to believe that a small company that started in a warehouse in El Segundo is now having the biggest IPO in history," adding, "I saw the probability of SpaceX succeeding as less than 10 percent." He continued, "I told people that we would probably fail, but we had to try. SBS Jun 13, 2026 12:39 AM

U.S.: Iran Agrees to Dismantle Nuclear Program; No Release of Frozen Funds Without Compliance A senior White House official stated on June 12 that Iran has agreed to dismantle its nuclear program, destroy nuclear materials, and keep the Strait of Hormuz open under a provisional memorandum of understanding reached with the United States. SBS Jun 13, 2026 12:38 AM

Israel Defense Minister: 'We Will Maintain Independent Capability to Stop Iran's Nuclear Ambitions; No Withdrawal from Lebanon' Israeli Defense Minister Israel Katz issued a lengthy statement on social media platform X on June 12 , assessing the progress of U.S.-Iran negotiations and reaffirming Israel's security principles. SBS Jun 13, 2026 12:37 AM