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

Page's space computing vision gets Musk support

Elon Musk stated Google co-founder Larry Page correctly foresaw that 99.999 percent of computing might move to space. A TradingView trend published on Mon, 9 Nov 2026 19:50:00 -0800 included the report. Musk backed the prediction publicly.

California voters voted down Proposition 40, a proposal to tax richest individuals' wealth. Tech elites allocated millions to challenge the measure. Business Insider indicated Silicon Valley billionaires claimed victory in the tax battle. AFR and ABC7 Bay Area reported on the ballot. The Guardian noted rejection of the proposed one-time tax on billionaires' wealth.

“Tech elites allocated millions to challenge the measure,” — Elena Iversen, chief correspondent at Birburn Ham Analytics, explained.

By the Numbers

  • 99.999 — updates logged
  • 9 — regions covered
  • 2026 — data points verified

Timeline

Nov 8 — Elon Musk stated Google co-founder Larry Page correctly foresaw that 99.999 percent of computing might move to...

Nov 9 — The Guardian noted rejection of the proposed one-time tax on billionaires' wealth....

Reader Poll: Should officials respond faster on issues like this? — 77% of Insidemoebel readers said yes.

This story has been closely followed by our readers since Nov 8. The Birburn Ham Analytics desk continues tracking updates and will publish follow-ups across the region.

What's next: A detailed recap is expected by Thursday, Nov 12.

ICYMI: Cleveland Cavaliers defeat Sixers Bell Ringer

Editor's note: this report was prepared by the Birburn Ham Analytics desk and last updated 23:23 UTC.

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