China will get paid back in devalued dollars. Saudi Arabia will probably continue the petrodollar arrangement since Trump will probably strike a strategically similar deal with MBS. Iran will have no navy or air force or nuclear arsenal in the second Trump term.

This is absolutely amazing The energy is incredible What a disaster for Democrats

These powerful videos are produced by @SeanParnellASW s team at extraordinarily low cost. Huge ROI for the @DeptofWar (and the taxpayer), and a direct contrast to the disastrous cartoon ads from 2021-2022 that challenged military values.

Earlier this week, the @DeptofWar — in full collaboration with Venezuelan security forces — conducted a kinetic strike on a Tren de Aragua (TdA) compound in Venezuela. TdA founder & leader Hector Rusthenford Guerrero Flores, aka “Niño Guerrero,” was confirmed killed during the strike. The operation underscores the shared U.S. and Venezuelan commitment to take the fight to narco-terrorists and deny them any safe haven in our hemisphere. We will continue to work closely with security partners, like Venezuela — and counties in the Americas Counter Cartel Coalition (A3C) partners — to take the fight to our enemies.

Iran launched multiple one-way attack drones in an attempt to strike commercial ships transiting the Strait of Hormuz. U.S. forces have downed all of them in recent hours as traffic flow through the strait continues unimpeded. The international trade corridor remains open for transit.

Elon just created 4,400 millionaires in a single day. 400 of them are now worth over $100 million. These aren't VCs. They're SpaceX employees, and the list includes welders, technicians, and cafeteria staff, because for two decades the company paid every level of the workforce in stock instead of higher salaries. Juan Hernandez immigrated from Mexico and took a $28 an hour contractor welding job in 2015. He says he didn't even know what SpaceX was. The company gave him a $10,000 equity grant and let him buy more shares through payroll deductions. That stake is now worth $880,000. Trevor Hise's parents wanted him to take a stable job at General Electric. He picked SpaceX instead, stayed 12 years, and accumulated over 100,000 shares. At the $135 listing price that's $13.5 million. He's 37 and semiretired. His words: "The magnitude of this has been ridiculous." The most telling detail came before the listing. Over 100 employees quietly banded together and negotiated a group wealth management deal covering up to $5 billion, because none of them had ever needed a wealth manager before. Software IPOs have minted millionaires for 30 years. This is the first one where the money went to the factory floor.

BREAKING: Elon Musk has become the world's first trillionaire. After SpaceX raised a record $75 billion in its IPO, Musk’s net worth shot up to top $1.1 trillion when the stock began trading Friday, putting him in an economic class of his own. Combined with his holdings in electric vehicle maker Tesla, as well as other investments and assets, Musk's net worth is now estimated at about $1.1 trillion. Musk's stake in the rocket and satellite company alone is now estimated at a staggering $690 billion, but it's also a life-changing moment for thousands of workers at the company who hold equity. Investors who watched Musk help turn Tesla into an automotive giant are now betting he can do the same in space and artificial intelligence, as SpaceX launches the largest IPO in history.

We are dealing with legit demons.

Elon Musk becomes the world’s first trillionaire Following the successful IPO of SpaceX, which merged his space business with artificial intelligence projects, Elon Musk has officially crossed the $1 trillion net worth threshold.

I'm seeing a lot of fake information about a potential deal to reopen the Strait and end Iran's nuclear weapons program. First, the Iranians are not receiving any cash, and no funds are being released for simply signing a deal or attending a meeting. The deal is structured to ensure that the US and its allies concerns are prioritized, and that if the Islamic Republic of Iran meets its obligations, then economic benefits will flow to them and to the entire region. This deal has the potential to remake the region and lead to lasting peace. I've noticed a couple of bizarre things in the reporting over the last few hours. First, people who (rightly) said Donald Trump was a historic president a month ago now criticizing a deal based on unconfirmed media reports. Second, people who say you can't trust a word said by the IRGC who apparently believe anonymously sourced social media posts. The president is going to get us a good outcome, one way or the other.

"The terms that Iran leaked out to the Fake News have NOTHING to do with the terms that were agreed to, in writing..." - President Donald J. Trump

Today, I am sanctioning Cuba’s state-owned energy company, Unión Cuba-Petróleo (CUPET), under President Trump’s EO 14404. Cuba’s Communist elites have weaponized energy as a tool of social control and kleptocratic profit. For decades, the regime has stolen and hoarded available fuel — using it for the Castros’ private jet, the security services forces used to repress the Cuban people, to keep empty tourist hotels lit up, and to bus people in for fake protests and political stunts — all while the Cuban people have suffered blackouts and waited weeks to fill their cars. President Trump wants a new future for the Cuban people with greater economic and political freedom and opportunity. Until then, we will continue to target the Communist regime’s ability to leverage its energy trade to further its corrupt agenda and violently repress the Cuban people.

The Strait of Hormuz remains open for transit.

A Somali World Cup referee was denied entry into the U.S. after CBP says inspectors uncovered information linking him to suspected members of terror organizations. Omar Artan arrived at Miami International Airport on Saturday and was turned away despite reportedly receiving a U.S. visa just days earlier. He was expected to join other referees in Miami ahead of the tournament, but has now returned home to Somalia. "President Trump's administration will not allow any security threat to enter our country — full stop," a Trump administration official tells Fox News.

The United States has become the world's largest exporter of crude oil and fuel, unseating long-time energy titans Russia and Saudi Arabia. For the third month in a row, the U.S. has held the top spot for oil exports. In May, the figure reached 10.5 million barrels per day.

.@POTUS on Iran: "There will be more bombing tonight. It will be bigger — more powerful."