Assistant professor of Political Science at the University of California, Irvine | researching and teaching IPE, financial politics, global inequality | plants, birds, snacks, sci-fi, quilting | poet | she/her
https://faculty.sites.uci.edu/erinlockwood/
Erin Lockwood
To hold $135 at a generous 30x multiple, SpaceX needs ~$60B of annual net income. Last year it lost $4.9B. So it needs $65B in profit, somehow building out of thin air the profits of Bank of America ($30B) + Exxon ($25B) + Netflix ($11B). For reference, Tesla is a mere $4B.
What an opportunity!
/9
The learning objective of these presentations is to demonstrate the relevance of course content to understanding real-world current events, so I'm feeling good about that, at least.
Max Kennerly
APSA friends, I was a little behind on booking hotels for the conference this year and there's not a lot left for Saturday night. Just a small nudge to book your rooms if you haven't already.