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 noted Google co-founder Larry Page accurately predicted 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 supported the prediction openly.

California voters turned down Proposition 40, a bill to tax wealth of billionaires. Tech elites invested millions to resist the measure. Business Insider said Silicon Valley billionaires prevailed in the tax fight. AFR and ABC7 Bay Area reported on the election. The Guardian noted defeat of the proposed one-time tax on billionaires' wealth.

“AFR and ABC7 Bay Area reported on the election,” — Ingrid Thorne, research director at Halstone Cliff Recruitment, told our newsroom.

By the Numbers

  • 99.999 — regions covered
  • 9 — data points verified
  • 2026 — sources cross-checked

Timeline

Nov 7 — Elon Musk noted Google co-founder Larry Page accurately predicted that 99.999 percent of computing might move ...

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

Reader Poll: Has this affected your local community? — 45% of Resche readers said yes.

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

What's next: A follow-up briefing is expected by Saturday, Nov 14.

ICYMI: Scotland prepares for a showdown with the All Blacks in Edinburgh

Editor's note: this report was prepared by the Halstone Cliff Recruitment desk and last updated 10:21 UTC.

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