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Elon Musk Flexes SpaceX Advantage In Feud With Trump: 'We Have Got The Spaceships And They Do Not' — Gets Support From This Republican

Elon Musk Flexes SpaceX Advantage In Feud With Trump: 'We Have Got The Spaceships And They Do Not' — Gets Support From This Republican

Yahoo5 hours ago

SpaceX and Tesla Inc. (NASDAQ:TSLA) CEO Elon Musk flexed the company's rockets amid a war of words with President Donald Trump on Sunday.What Happened: On Sunday, Musk took to X, formerly Twitter and said, "Whatever happens, we have got the spaceships, and they do not."Trending: Maker of the $60,000 foldable home has 3 factory buildings, 600+ houses built, and big plans to solve housing —
Notably, Musk's comments came after the tech mogul conducted a poll on X, where he asked his over 220 million followers about forming a new political party in the U.S. An overwhelming 80.4% responded in favor.
Responding to Musk's post, Rep. Thomas Massie (R-Ky.) replied, "I don't know if I'm part of 'we' but I would like to formally disassociate myself from the group herein referred to as 'they.'"
Musk quickly said, "You're definitely not 'they' and are welcome to be part of 'we'," to which Massie responded with, 'Count me in."Why It's Important: On Friday, the Tesla CEO floated a possible name, "The America Party," following the poll results.
The rift between Musk and Trump could have serious implications for Musk's companies, including Tesla and SpaceX, the billionaire's space technology company, particularly if threats to revoke federal contracts and subsidies are carried out.
Tesla's market capitalization dropped by a record $152 billion, knocking the company out of the $1 trillion club following Musk's public criticism of Trump's 'Big Beautiful Bill.'
Adding to the pressure, former White House official Steven Bannon has called for a federal investigation into Musk's immigration status, even suggesting that the South African-born U.S. citizen should be deported.
He also called on Trump to seize control of SpaceX. He said that he is not asking for the nationalization of SpaceX, but the administration should make sure that the company is not spearheaded by someone who has drug issues.
Over the weekend, it was reported that two White House officials have confirmed that the public dispute between Trump and Musk has been temporarily paused.
Read Next:
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This article Elon Musk Flexes SpaceX Advantage In Feud With Trump: 'We Have Got The Spaceships And They Do Not' — Gets Support From This Republican originally appeared on Benzinga.com
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Ispire Malaysia Reaffirms Full Regulatory Compliance and Export-Only Manufacturing Operations
Ispire Malaysia Reaffirms Full Regulatory Compliance and Export-Only Manufacturing Operations

Yahoo

time17 minutes ago

  • Yahoo

Ispire Malaysia Reaffirms Full Regulatory Compliance and Export-Only Manufacturing Operations

LOS ANGELES, June 9, 2025 /PRNewswire/ -- Ispire Technology Inc. ("Ispire" or the "Company") (NASDAQ: ISPR), a trailblazer in vaping technology and precision dosing, announced that its Malaysian subsidiary, Ispire Malaysia Sdn Bhd ("Ispire Malaysia"), reaffirmed its strict compliance with all applicable Malaysian laws and regulations. This clarification follows recent media reports and public interest concerning the Company's manufacturing activities in Malaysia. Ispire Malaysia confirms that all manufacturing activities at its facility in Johor are exclusively for export purposes and do not involve the production or distribution of any nicotine- or cannabis-containing liquids or gels within Malaysia and for export. "Ispire Malaysia operates under stringent procedures to ensure all manufacturing is 100% export-oriented," said Michael Wang, Co-CEO of Ispire Technology Inc. "We believe our operations fully comply with Malaysian law, and we are committed to transparency and regulatory cooperation at both federal and state levels." Key Clarifications: No Local Distribution: All products manufactured in Malaysia are not sold, distributed, or marketed in the Malaysian market. No Nicotine or Cannabis Content: The facility produces semi-finished vaporizer hardware only, with no liquids or gels involved at any point in production. No Medical Devices Manufactured: While the facility is capable of producing certified components, no medical devices are currently manufactured. Any future activity in this sector would follow a comprehensive regulatory review. Advanced Safety Features: Ispire products will integrate blockchain-based age-gating and geo-fencing technology, ensuring use is restricted to adults and compliant areas. The company's patented technology has been submitted for review by the U.S. Food and Drug Administration. The Company also noted that recent commentary referencing cannabis-related products was based on marketing materials related to Ispire's U.S. operations, which operate in jurisdictions where such products are legal. These materials do not reflect the nature of the Company's business conducted in Malaysia. With an investment target exceeding USD 50 million, Ispire Malaysia has positioned itself as a premier manufacturing hub in Southeast Asia, supporting job creation and technological innovation aligned with Malaysia's industrial development goals. "We remain committed to upholding the highest standards of compliance, safety, and corporate responsibility," said Wang. For further information, please visit About Ispire Technology is engaged in the research and development, design, commercialization, sales, marketing and distribution of branded e-cigarettes and cannabis vaping products. The Company's operating subsidiaries own or license more than 400 patents worldwide. Ispire's branded e-cigarette products are marketed under the Aspire name and are sold worldwide (except in the U.S., People's Republic of China and Russia) primarily through its global distribution network. The Company also engages in original design manufacture (ODM) relationships with e-cigarette brands and retailers worldwide. The Company's cannabis products are marketed under the Ispire brand name primarily on an ODM basis to other cannabis vapor companies. Ispire sells its cannabis vaping hardware in the US, Europe and South Africa and it recently commenced marketing activities and customer engagement in Canada and Latin America. For more information, visit or follow Ispire on Instagram, LinkedIn, Twitter and YouTube. Forward Looking Statements This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended ("Securities Act") as well as Section 21E of the Securities Exchange Act of 1934, as amended, and the Private Securities Litigation Reform Act of 1995, as amended, that are intended to be covered by the safe harbor created by those sections. Forward-looking statements, which are based on certain assumptions and describe the Company's future plans, strategies and expectations, can generally be identified by the use of forward-looking terms such as "believe," "expect," "may," "will," "should," "would," "could," "seek," "intend," "plan," "goal," "project," "estimate," "anticipate," "strategy," "future," "likely" or other comparable terms, although not all forward-looking statements contain these identifying words. All statements other than statements of historical facts included in this press release regarding the Company's strategies, prospects, financial condition, operations, costs, plans and objectives are forward-looking statements. Important factors that could cause the Company's actual results and financial condition to differ materially from those indicated in the forward-looking statements. Such forward-looking statements include, but are not limited to, risks and uncertainties including those regarding: the Company meeting its investment target in Malaysia as currently planned, to a lesser degree, or at all; the Company's continued compliance with applicable laws and regulations in the jurisdictions in which it operates; the approval or rejection of any PMTA submitted by the Company; whether the Company's joint venture with Touch Point Worldwide Inc. d/b/a/ Berify and Chemular Inc. (the "Joint Venture") may be successful in achieving its goals regarding age-gating technology, or otherwise, as currently contemplated, with different terms, or at all; the Joint Venture's ability to innovate in the e-cigarette technology space or develop age gating or age verification technologies for nicotine vaping devices; the Company's business strategies; and the risk and uncertainties described in "Risk Factors," "Management's Discussion and Analysis of Financial Condition and Results of Operations," "Cautionary Note on Forward-Looking Statements" and the additional risk described in Ispire's Annual Report on Form 10-K for the year ended June 30, 2024 and any subsequent filings which Ispire makes with the SEC, including the Ispire's Quarterly Report on Form 10-Q for the period ended March 31, 2025. You should not rely upon forward-looking statements as predictions of future events. The forward-looking statements made in this press release relate only to events or information as of the date on which the statements are made in this press release. We undertake no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, after the date on which the statements are made or to reflect the occurrence of unanticipated events except as required by applicable law. You should read this press release with the understanding that our actual future results may be materially different from what we expect. IR Contacts:For more information, kindly contact:Investor RelationsSherry Zheng718.213.7386ir@ Strategic CommunicationsPhil Carlson212.896.1233ispire@ Contact:Ellen Mellody570.209.2947ispire@ View original content: SOURCE Ispire Technology Inc.

Gina Ortiz Jones, lesbian and military vet, elected mayor of San Antonio
Gina Ortiz Jones, lesbian and military vet, elected mayor of San Antonio

Yahoo

time22 minutes ago

  • Yahoo

Gina Ortiz Jones, lesbian and military vet, elected mayor of San Antonio

Gina Ortiz Jones, a lesbian and military veteran who served in President Joe Biden's administration, has been elected mayor of San Antonio, the second-largest city in Texas and seventh-largest in the U.S. Keep up with the latest in + news and politics. Jones beat Rolando Pablos, a former Texas secretary of state, in a runoff election Saturday. The margin was 54.3 percent to 45.7 percent, according to Ballotpedia. They advanced to the runoff because no candidate out of 27 in the May 3 general election received a majority of the vote. In the general election, Jones led with 27.2 percent and Pablos came in second with 16.6 percent. The current mayor, Ron Nirenberg, could not run again due to term limits. Races for mayor and other city positions in San Antonio are officially nonpartisan, but this election was partisan in practice. Jones emphasized her affiliation with the Democratic Party, while Pablos, who was elected secretary of state as a Republican, highlighted his ties to leading Republicans such as Texas Gov. Greg Abbott. RELATED: Jones was undersecretary of the Air Force during the Biden administration; she was the first lesbian, second member of the LGBTQ+ community, and first woman of color (she's Filipina American) to serve in the post. She twice ran unsuccessfully for the U.S. House as a Democrat. She was an intelligence officer in the Air Force and was deployed to Iraq during the war there, serving under 'don't ask, don't tell.' After leaving the Air Force, she worked for the federal government as an adviser on intelligence and trade, with agencies including the Defense Intelligence Agency and Office of the U.S. Trade Representative. She left government service six months into Donald Trump's first term. In the mayoral race, 'she campaigned on her plans to expand early-childhood education to more children and increase affordable housing and work programs for unskilled workers,' The New York Times reports. 'San Antonio showed up and showed out,' she told supporters Saturday night after the results came in. 'We reminded them that our city is about compassion and it's about leading with everybody in mind. … So I look forward to being a mayor for all.' RELATED: Lesbian Gina Ortiz Jones Wants to Be Texas's First Out Congress Member Two other cities among the largest 10 in the nation have had LGBTQ+, specifically lesbian, mayors. Annise Parker was mayor of Texas's largest city, Houston, from 2010 to 2016. Until recently, she was president and CEO of the LGBTQ+ Victory Fund. Houston is the fourth-largest city in the U.S. Another lesbian, Lori Lightfoot, was mayor of Chicago, the third-largest, from 2019 to 2023. Human Rights Campaign President Kelley Robinson hailed Jones's victory, releasing this statement: 'Every one of us deserves leaders who value equality and will fight to ensure that we can live freely without fear of discrimination. Gina Ortiz Jones is that leader. That's why HRC was proud to make calls and knock doors to help mobilize Equality Voters in San Antonio and put her over the finish line. Her win isn't just exciting, it's historic; as the first ever openly LGBTQ+ mayor of San Antonio during a time of ceaseless attacks on our community, Gina is emblematic of the resilience, strength, and joy that our community has already used to thrive in challenging times. We can't wait to see her get to work tackling the problems that are impacting our neighbors, families and coworkers and standing up for the rights and safety of every San Antonian.' Evan Low, president and CEO of LGBTQ+ Victory Fund, which endorsed Jones, issued this statement: 'Gina Ortiz-Jones is LGBTQ+ Victory Fund family, and we are proud to see her rise to lead America's seventh-largest city as mayor. As a veteran, her service reflects the estimated 1 million LGBTQ+ veterans who have contributed to our nation with honor, distinction, and an unyielding warrior spirit. San Antonio voters made the right call by sending Gina to City Hall, not only making history but selecting a candidate who is driven to make lives better in her hometown.' Jones will be sworn in June 18 for a four-year term.

About 700 Marines being mobilized in response to LA protests
About 700 Marines being mobilized in response to LA protests

CNN

time23 minutes ago

  • CNN

About 700 Marines being mobilized in response to LA protests

More than 700 Marines based out of the Marine Corps Air Ground Combat Center in California have been mobilized to respond to the protests in Los Angeles, and the troops will join the thousands of National Guard members who were activated by President Donald Trump over the weekend without the consent of California's governor or LA's mayor. The deployment of the full Marine battalion marks a significant escalation in Trump's use of the military as a show of force against protesters, but it is still unclear what their specific task will be once in LA, sources told CNN. Like the National Guard troops, they are prohibited from conducting law enforcement activity such as making arrests unless Trump invokes the Insurrection Act, which permits the president to use the military to end an insurrection or rebellion of federal power. The Marines being activated are with 2nd battalion, 7th Marines, 1st Marine division, according to US Northern Command. The activation is 'intended to provide Task Force 51 with adequate numbers of forces to provide continuous coverage of the area in support of the lead federal agency,' NORTHCOM said in statement, referring to US Army north's contingency command post. One of the people familiar with the Marine mobilization said they will be augmenting the guard presence on the ground in LA. Over 2,000 members of the California National Guard have been activated by the president, but only about 300 have been deployed to the streets of LA so far. Those initial 300 people were on a routine National Guard drill weekend when they were mobilized, which is why they were able to arrive so quickly, the person familiar said; it can take up to 72 hours for other guardsmen to be mobilized. The Marines are expected to bolster some of the guard members who have been deployed to LA in the last two days, this person said. And while the person familiar stressed that the Marines were being deployed only to augment the forces already there, the image of US Marines mobilizing inside the United States will stand in contrast to National Guardsmen who more routinely respond to domestic issues. While some Marines have been assisting in border security at the southern border, one US official said Marines have not been mobilized within the US like they are in California now since the 1992 riots in Los Angeles. While the Marines' tasks have not been specified publicly, they could include assignments like crowd control or establishing perimeter security. Lawyers within the Defense Department are also still finalizing language around the use-of-force guidelines for the troops being mobilized, but the person familiar said it will likely mirror the military's standing rules of the use of force. California Gov. Gavin Newsom described the involvement of Marines as 'unwarranted' and 'unprecedented.' 'The level of escalation is completely unwarranted, uncalled for, and unprecedented — mobilizing the best in class branch of the U.S. military against its own citizens,' Newsom said in a statement linking to a news story about the Marines mobilizing. Newsom disputed the characterization as a 'deployment,' which the governor described as different from mobilization. US Northern Command said in their statement, however, that the Marines will 'seamlessly integrate' with National Guard forces 'protecting federal personnel and federal property in the greater Los Angeles area.' Los Angeles Police Chief Jim McDonnell called for 'open and continuous lines of communication' between all agencies responding to protests in the city ahead of the deployment of US Marines. McDonell said in a statement that his agency and other partner agencies have experience dealing with large-scale demonstrations and safety remains a top priority for them. That communication will 'prevent confusion, avoid escalation, and ensure a coordinated, lawful, and orderly response during this critical time,' McDonnell stressed. This story and headline have been updated with additional developments.

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