SpaceX's $1.75T Valuation, Japan's GDP Beats, Oil Prices Drop on Iran De-escalation

1. Japan's annualized GDP for Jan-March grew by 2.1%, beating market expectations of 1.7% and causing a sharp rise in Nikkei futures.
2. SpaceX's upcoming IPO is set to hand D1 Capital Partners a $20 billion stake, with the company's valuation expected at $1.75 trillion.
3. WTI crude oil prices dropped over 2% after Trump held off a scheduled attack on Iran, raising hopes for a diplomatic deal.