Carl Quintanilla, Jim Cramer and David Faber discussed a report from Iranian state media, which said Iran will consider all of Elon Musk’s companies in the Middle East as military targets as it retaliates against the U.S. This comes one day before Musk&#x27;s SpaceX is set to go public with a historic and massive IPO. The anchors reacted to Oracle shares taking a hit: The company&#x27;s AI spending plans overshadowed a Q4 beat. In San Francisco, David previewed his interview with Jeff Bezos and Vik Bajaj, Co-CEOs and Co-Founders of AI startup Prometheus. KKR, Nvidia, Vistra and Kuwait Investment Authority have launched a new AI infrastructure company, Helix Digital Infrastructure. The CEO of Helix and a top executive at KKR joined the program to talk about it. Also in focus: Stocks try to rebound from Wednesday&#x27;s sell-off, hotter-than-expected May PPI, a look back at SpaceX through the years.<br><br>Squawk on the Street Disclaimer<br><br>Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

9am Hour: Iran Said to Threaten Musk's Companies, SpaceX's Public Debut One Day Away, Oracle Tumbles 6/11/26

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[SPEAKER_D] Good Thursday morning. Welcome to Squawk on the Street. I'm Carl Quintanilla with Jim Cramer at Post 9 of the New York Stock Exchange. David Faber is in San Francisco today ahead of a major interview with the Prometheus co-founders and co-CEOs Jeff Bezos and Vik Bajaj. Meantime, it is a complex backdrop with Oracle down nearly 10% on CapEx jitters. Producer inflation near 4-year high, up 6.5%. And then oil holding gains as the president threatens to essentially invade and occupy Iranian oil infrastructure, including Karg Island. And the U.S. and Iran trade strikes for a second day. Let's begin with David, though, out west ahead of those two major interviews. Morning, David.

9am Hour: Iran Said to Threaten Musk's Companies, SpaceX's Public Debut One Day Away, Oracle Tumbles 6/11/26

Read the full transcript

The candid version is on a podcast,
not the earnings call.

9am Hour: Iran Said to Threaten Musk's Companies, SpaceX's Public Debut One Day Away, Oracle Tumbles 6/11/26

Read the full transcript

The candid version is on a podcast, not the earnings call.

The candid version is on a podcast,
not the earnings call.