SpaceX Files for IPO Under Ticker SPCX Potentially Boosting Elon Musks Wealth to Trillionaire Status Consumer Sentiment Hits Record Low in May on Iran War Fears and Oil Price Surge EU and Mexico Sign Updated Trade Deal to Reduce Reliance on US and China Singapore Targets Faster Private Banking Account Opening to Boost Wealth Hub Status PreMarket News Roundup Key Themes and Market Context Markets Adjust Expectations for Fed Rate Hike After Inflation Data Surprises White House Touts Soybean and Rare Earths Deals Following TrumpXi Summit as China Signals Tariff Reductions