June 10, 2026 · The Apache, the Tyre evacuation, Anthropic's higher valuation

The Apache helicopter that crashed Tuesday was determined to have been shot down by an Iranian drone. President Trump pledged a military response. CENTCOM struck Iran. Iran retaliated by hitting US bases in Bahrain and Kuwait. The "on hold" framing from Monday is structurally dead. Israel issued an evacuation order for the entire historic port city of Tyre, then struck and killed at least eight; Doctors Without Borders publicly raised forced-displacement concerns. OpenAI confidentially filed for an IPO Monday at $852 billion; Anthropic filed last week at $965 billion — the lab the Pentagon blacklisted is valued $113 billion higher than the administration's preferred partner. The House passed a $70 billion immigration enforcement package 214-212. Trump elevated Bill Pulte as acting DNI; FISA Section 702 surveillance authority is at risk of lapsing. The California jungle primary produced a Hilton-versus-Becerra general. Hegseth posted "See you at SCOTUS" after a DC Circuit ruling against his transgender troop ban. The Iran framework still sits with Tehran. - **The Apache shot down, US strikes Iran, Iran hits Bahrain and Kuwait** — Iranian drone attribution per Axios reporting; CENTCOM confirmed US strikes; Iranian retaliation on Bahrain and Kuwait Gulf bases; first-ever US sea drone rescue recovered the two Apache pilots - **Tyre evacuated, eight dead, forced displacement** — Israeli evacuation order for entire city including Christian quarter; deadliest Israeli bombing of Tyre since the war began March 2; Doctors Without Borders publicly raised forced-displacement concerns; Israel's evacuations have effectively emptied one fifth of Lebanon - **The IPO numbers** — OpenAI confidentially filed June 8 at near $852 billion; Anthropic filed June 1 at $965 billion; the blacklisted lab is valued $113 billion higher than the administration's preferred partner; H2 2026 wave of trillion-dollar-territory AI IPOs incoming - **The $70 billion immigration bill + Pulte at DNI + FISA risk** — House passed 214-212 on a razor-thin margin; Trump elevated Bill Pulte to acting national intelligence director; FISA Section 702 surveillance authority is at risk of lapse during the leadership transition - **California primary + Hegseth's "See you at SCOTUS"** — Steve Hilton (Trump-backed) and Javier Becerra (former Biden HHS Secretary) advanced from California's jungle primary to the general; DC Circuit 2-1 ruling found Hegseth's transgender troop expulsion unconstitutional; Hegseth signaled SCOTUS appeal on X - **Iran framework status** — Trump said MOU "close to finalization"; Iranian FM Araqchi said Tehran would consider "fair and balanced" proposals; the framework conversation runs in parallel to the day's military exchange More analysis at [Power Moves Before Policy Does](https://annardudley.substack.com).