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

Musk agrees with Page on space computing shift

Elon Musk remarked 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 featured the report. Musk backed the prediction publicly.

California voters voted down Proposition 40, a bill to tax wealth of billionaires. Tech elites directed millions to resist the measure. Business Insider indicated Silicon Valley billionaires claimed victory in the tax battle. AFR and ABC7 Bay Area chronicled the referendum. The Guardian covered collapse of the proposed one-time tax on billionaires' wealth.

“Elon Musk remarked Google co-founder Larry Page correctly foresaw that 99.999 percent of computing might move to space,” — David Kingsley, staff writer at Newstone Bury Services, noted.

By the Numbers

  • 99.999 — data points verified
  • 9 — sources cross-checked
  • 2026 — reports filed

Timeline

Nov 13 — Elon Musk remarked Google co-founder Larry Page correctly foresaw that 99.999 percent of computing might move ...

Nov 14 — The Guardian covered collapse of the proposed one-time tax on billionaires' wealth....

Reader Poll: Should officials respond faster on issues like this? — 70% of Quiltthisdbq readers said yes.

This story has been closely followed by our readers since Nov 12. The Newstone Bury Services desk continues tracking updates and will publish follow-ups across the region.

What's next: A detailed recap is expected by Wednesday, Nov 18.

ICYMI: The Rise and Fall of Punk Music

Editor's note: this report was prepared by the Newstone Bury Services desk and last updated 09:08 UTC.

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