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AXIOS (Avery Lotz) - Trump says he'll headline July 4 rally in D.C.

President Trump is billing Washington D.C.'s July 4 celebration of 250 years of American independence as a political rally for himself. Why it matters: Turning America's birthday into a Trump rally underscores the tension in the nation's capital between bipartisan celebrations of U.S history and the partisan spectacle of Trump's presidency. Driving the news: The morning after a UFC bash on White House grounds that coincided with his 80th birthday, Trump announced on Truth Social that "at The Lincoln Memorial and Washington Monument, in beautiful and safe Washington D.C., we are going to host the most spectacular TRUMP RALLY of them all" on July 4. - He pitched his speech as remarks "you will not want to miss" to be followed by a…

President Trump is billing Washington D.C.'s July 4 celebration of 250 years of American independence as a political rally for himself. Why it matters: Turning America's birthday into a Trump rally underscores the tension in the nation's capital between bipartisan celebrations of U.S history and the partisan spectacle of Trump's presidency. Driving the news: The morning after a UFC bash on White House grounds that coincided with his 80th birthday, Trump announced on Truth Social that "at The Lincoln Memorial and Washington Monument, in beautiful and safe Washington D.C., we are going to host the most spectacular TRUMP RALLY of them all" on July 4. - He pitched his speech as remarks "you will not want to miss" to be followed by a…Open

AXIOS (Emily Peck) - How SpaceX's arrival impacts the stock market

The markets are starting the week in their trillion-dollar IPO era, now that SpaceX shares are trading. Why it matters: Think of Elon Musk's company like a pebble, a big one, thrown into a giant lake of equity — there will be ripples through the public and private markets, and they'll be rippling for a while. - "Any large IPO has a gravitational pull to them, so they can have sizable effects on the public markets, on private markets and sectors," Aaron Mulvihill, a strategist at JPMorgan Asset Management, tells Axios. State of play: Those impacts take time. SpaceX made only a small slice of its shares available to the market — around 5%. - In a typical IPO, a company will offer up about 10%-20% of its shares as its float, Mulvihill…

The markets are starting the week in their trillion-dollar IPO era, now that SpaceX shares are trading. Why it matters: Think of Elon Musk's company like a pebble, a big one, thrown into a giant lake of equity — there will be ripples through the public and private markets, and they'll be rippling for a while. - "Any large IPO has a gravitational pull to them, so they can have sizable effects on the public markets, on private markets and sectors," Aaron Mulvihill, a strategist at JPMorgan Asset Management, tells Axios. State of play: Those impacts take time. SpaceX made only a small slice of its shares available to the market — around 5%. - In a typical IPO, a company will offer up about 10%-20% of its shares as its float, Mulvihill…Open