
Apple Should Make LampsSep 10
and washing machines. and printers. and anything besides thinner iphones.
Jul 11, 2024
Tarek Mansour is CEO of Kalshi Markets, the first CFTC-regulated prediction market.
On January 5, shortly after takeoff, a door plug flew off a Boeing 737 Max 900 and landed in someone’s backyard in Portland, Oregon. A months-long press cycle began. By the end of January, Fortune declared Boeing CEO Dave Calhoun was “in the hot seat.” On a Fox Business segment, the host asked a Barron’s analyst, “is it time for a new CEO?” This collapse of confidence in Calhoun eventually made its way to the White House, where an exasperated United Airlines CEO pressed for changes in management at several manufacturers upon which his airline relied.
But would Calhoun actually resign? With Boeing’s $100 billion market cap on the line, thousands of investors worldwide mulled the question.