CNBC's Morning Squawk newsletter highlights key moments in the trading day, including President Donald Trump's address on the Iran war, which appears to have failed to impress Wall Street. Stock futures fell and oil prices surged after Trump said the US would strike Iran "extremely hard" for the next two to three weeks without a resolution, dampening hopes for a resolution. The president did not mention negotiations or plans to send ground troops, which have been seen as key diplomatic measures for ending the conflict. Meanwhile, SpaceX has reportedly confidentially filed for its IPO, potentially becoming the first person to run two publicly traded trillion-dollar companies. The company could seek a $1.75 trillion valuation and list around June, according to reports. Meanwhile in other news, Sam's Club is raising the price of its annual membership for the first time since 2022.