California voters reject Prop 40, a measure to tax the wealth of billionaires - ABC7 Bay Area

Page's prediction on space computing gains Musk approval

Elon Musk remarked Google co-founder Larry Page correctly foresaw that 99.999 percent of computing could relocate to space. A TradingView trend published on Mon, 9 Nov 2026 19:50:00 -0800 featured the report. Musk backed the prediction openly.

California voters voted down Proposition 40, a plan to tax richest individuals' wealth. Tech elites invested millions to fight the measure. Business Insider said Silicon Valley billionaires prevailed in the tax fight. AFR and ABC7 Bay Area followed the ballot. The Guardian noted collapse of the proposed one-time tax on billionaires' wealth.

“The Guardian noted collapse of the proposed one-time tax on billionaires' wealth,” — Nadia Ashcombe, chief correspondent at Bramley Ford Analytics, noted.

By the Numbers

  • 99.999 — mentions tracked
  • 9 — updates logged
  • 2026 — regions covered

Timeline

Nov 8 — Elon Musk remarked Google co-founder Larry Page correctly foresaw that 99.999 percent of computing could reloc...

Nov 10 — The Guardian noted collapse of the proposed one-time tax on billionaires' wealth....

Reader Poll: Should officials respond faster on issues like this? — 68% of Amakarov readers said yes.

This story has been closely followed by our readers since Nov 6. The Bramley Ford Analytics desk continues tracking updates and will publish follow-ups across the region.

What's next: A detailed recap is expected by Saturday, Nov 14.

ICYMI: New Zealand and India's thrilling ODI match in Wellington

Editor's note: this report was prepared by the Bramley Ford Analytics desk and last updated 09:52 UTC.

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