In 2013, Obama was confronted by immigration activists demanding he halt deportations. He refused. He said he was bound by the law.
Today he's encouraging Americans to protest the law and obstruct ICE for enforcing the same statutes he did. The man is such a hypocrite.
161 years ago, Republican President Abraham Lincoln and a Republican Congress freed the slaves from the Democrat Party that fought tooth and nail to keep them in chains.
Democrats started the Civil War to preserve slavery. Democrats founded the KKK. Democrats passed Jim Crow laws. Democrats filibustered the Civil Rights Act.
Today if you are celebrating Juneteenth, don’t forget to thank Republicans!
This is actually insane.
SPCX just hit $3 trillion market cap. Bigger than Amazon and Microsoft. Less than a week after IPOing at $1.75T
Here’s why this is happening:
Only about 4% of total shares were released in the IPO. The other 96% is locked up. Insiders, employees, early investors, big institutional holders. All on a staggered release schedule.
So when buyers come in, they are hitting a tiny pool of actual tradable shares. The order book has almost nothing on the ask side. Price has to gap higher to bring out marginal sellers, which is why you are seeing these violent moves on what looks like normal volume.
And here is the kicker. Market cap is calculated on every share that exists. Even the locked-up 96%. So the headline number is exploding past $3T while the real float is tiny.
This is low-float mechanics at a scale nobody has EVER seen before.
Now the important part.
The insiders cannot sell yet. The lockup releases happen in phases. First big chunks come in August after the first earnings report. Then more through the fall with performance-based gates. Then scheduled tranches into December. Elon is locked up for 366 days on top of all that.
Right now, supply is frozen.
That changes soon.
Once those unlock dates hit, the float starts expanding in waves. And if most of this buying has been speculative momentum (which I suspect it has), the balance is going to shift fast when sellers can finally hit the market.
This is a supply-constrained squeeze.
At The Assembly, we are a team of 10 with one goal: position you for the long term and help you buy the right stocks.
Follow us and turn on notifications so you do not miss our alerts.
A lot of people will wish they followed us sooner.
The most important SpaceX detail nobody is talking about: the lockup is staggered.
There is no single 180-day cliff. Insiders get to sell in tiers, starting MUCH earlier than a standard IPO.
Here’s exactly when insiders can start selling:
After Q2 2026 earnings (around August 11): Up to 20% unlocks. Another 10% on top if SPCX trades 30%+ above the $135 IPO price (so $175.50+) for 5 of the prior 10 sessions.
Five time-based tranches at 70, 90, 105, 120, and 135 days post-IPO. Each releases 7% of eligible shares.
After Q3 2026 earnings (late October to early November): Another 28% unlocks.
180 days post-IPO (around December 9): Everything else unlocks.
Elon and certain major investors get a longer 366-day lockup. They stay locked until around June 2027.
Some context on the size:
The IPO sold around 555.6M shares, representing roughly 4.2% of total shares outstanding. The other 95.8% was locked pre-IPO. The staggered pool (employees and early backers) is where the early releases happen.
The structure is smart. It spreads selling pressure instead of concentrating it on one day.
Still, watch August earnings closely. That is the first real wave of potential selling, up to 30% of eligible shares. After that it drips steadily through fall.
Float is tiny right now, so volatility cuts both ways.
Not financial advice. This is the lockup mechanics from the S-1 and reporting.
If you’re voting for Graham Platner, you don’t really have an issue with Donald Trump’s moral deficiencies; you have a problem with the fact that he’s not on your side.
If you still order food on Door Dash in 2026 you have zero right to complain about inflation. You’re paying $42 for a Cold Burrito because you're lazy.
$ASPI
$ASPI is currently backtesting its inverse head-and-shoulders breakout and forming an inside-range candle, reflecting indecision at support.
Bulls have a strong support zone beneath price, with horizontal support aligning with both the 50 EMA and 200 EMA.
A close above the mother bar would signal renewed bullish momentum and increase the odds of the next leg higher.
Until bulls confirm a pivot low reversal at support, patience remains warranted for new entries.
$URA $URNM $URC $LEU $FUU $URC $UROY $CCJ $DNN $UUUU $URG $UEC $EFR $SRUUF $NXE $URNJ $GLATF $WUC $PDN #URANIUM $CCO $ASPI
Meat eaters are better hosts because they care about providing vegetarian options to their guests but the same hospitality is not extended by vegetarians (to serve meat options).
I heard doordash was stealing tips from their drivers so out of curiosity, I asked the woman who dropped off my tacos how much it's showing that I tipped her; she said $5. I showed her my phone where I tipped $20 (bc the taco place was busy and she waited for my order). 😐