P.M. Edition for June 12. Shares of SpaceX on their first trading day, giving the company a market cap of more than $2 trillion and making Elon Musk the world’s first trillionaire. Plus, China has been since the start of the Iran conflict, helping keep a lid on global oil prices–without disrupting its economy. WSJ energy markets reporter discusses how China’s doing that, and what happens if the country reverses course. And Iran, the U.S. and mediators agree that at hand. We hear from Journal Middle East correspondent about what points might still be up for debate. Alex Ossola hosts.