PRESS DIGEST-New York Times business news - June 11

Space Exploration Technologies

Space Exploration Technologies

SPCX

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- The following are the top stories on the New York Times business pages. Reuters has not verified these stories and does not vouch for their accuracy.

- The United States and Iran traded a new round of strikes early Thursday, bringing the two sides closer to a return to all-out war.

- Data security firm Cyera said on Wednesday it has raised $600 million at a $12 billion ​valuation in a late-stage funding round, ‌quadrupling its valuation from more than a year ago.

- Senator Elizabeth Warren of Massachusetts wants the SEC to delay SpaceX’s offering, she wrote in a letter on Tuesday to Paul Atkins, the regulator’s chair, saying the IPO "appears to present significant risks to ordinary investors and their retirement savings."

- Former Exxon Mobil CEO Lee Raymond died on Saturday at 87.