According to BlockBeats, on September 1, Axios, citing three US officials, reported that the Trump administration is considering approving a military plan proposed by the US Central Command to conduct "periodic limited strikes" against Iranian radar, air defense systems, and anti-ship missile sites near the Strait of Hormuz in order to prevent Iran from rebuilding its military capabilities to attack merchant ships.

The report states that the operation, known internally within the US military as "mow the lawn," is based on the idea of weakening Iranian military facilities through sustained, limited military action, rather than launching a large-scale war. While Trump has not yet formally approved the plan, the White House's stance on the proposal may change following Iran's recent missile attacks on US bases in Jordan.

U.S. officials say Iran is attempting to restore its radar, air defense, and anti-ship missile capabilities, and the U.S. military believes it is necessary to maintain the safety of shipping in the Strait of Hormuz through regular strikes. Previously, the U.S. military had already struck Iranian military targets near the strait and conducted mine-clearing and escort operations.

If the plan is approved, it means that the US military action against Iran may shift from phased strikes to sustained, low-intensity military suppression, and the situation between the US and Iran and the shipping risks in the Strait of Hormuz may further escalate.

According to BlockBeats, on September 1, diesel prices tightened further, reaching their highest level in more than four months, due to renewed attacks on refineries caused by the wars in the Middle East and Ukraine. This exacerbated concerns about inflation and also put broader pressure on basic commodity prices.

ICE diesel futures prices rose as much as 4.2%, reaching their highest level since April 9. Crack spreads (the price difference between diesel and Brent crude) remain high, having reached a record high last month.

Furthermore, diesel prices in Europe have continued to rise, widening the gap with Asian diesel prices. Diesel prices have increased by more than 50% since their low point on June 18, exceeding the increase in crude oil prices during the same period. (Jinshi)

According to BlockBeats, SpaceX's stock price has climbed back above its IPO price of $135 on September 1st. Previously, the market had worried about a massive sell-off by employees and early investors after the lock-up period expired, but this did not materialize; instead, the stock price rose.

SpaceX's initial surge was partly driven by its scarcity, but as more shares are gradually released from lock-up, market focus is shifting from "whether the stock is scarce" to "who is willing to continue buying." The first large-scale release will unlock approximately 912 million shares, and it is estimated that approximately 3 billion new shares will become tradable by the end of this year.

Meanwhile, Wall Street is accelerating its inclusion of SpaceX in its institutional investment framework. Several banks released target prices after the quiet period ended, with a median of approximately $225 and a range of approximately $190 to $800. Goldman Sachs' target price was around $205, JPMorgan Chase's around $225, and Morgan Stanley's around $300.

As analyst coverage, valuation models, liquidity, and potential index inclusion are gradually improved, SpaceX is transforming from a "scarce asset" into a regular security that institutional investors need to compare and allocate with assets such as Nvidia, Microsoft, Amazon, and Google.

However, SpaceX's current valuation already includes expectations of high-speed growth in its Starlink, Starship, AI infrastructure, and orbital computing businesses. As the supply of shares increases, the "scarcity premium" will gradually weaken, and whether the stock price can continue to rise will depend more on the ability of fundamentals to materialize and whether institutional funds can continue to absorb the new supply.