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Cathie Wood’s ARK Sees Tesla at $4,400 With $225B AI Spending Forecast

Key Takeaways ARK expects robotaxis to contribute 80% of Tesla’s enterprise value in 2031. Its $4,400 target is about 1,039% above the Oct. 21 close. The model incorporates share dilution from Musk’s stock-based compensation. AI Spending Assumptions Support the $4,400 Tesla Forecast Cumulative AI infrastructure spending at Tesla would rise from approximately $7 billion at…

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Stablecoin shopping draws gacha pitch as SP3ND plans randomized purchases

Stablecoin shopping has drawn a pitch for randomized retail purchases after Peter of 1kx predicted a $10 billion-plus business opportunity and Josip Volarević described SP3ND’s work on a gacha buying experience. Summary SP3ND’s published rules require identity checks for orders worth $10,000 or more. Josip Volarević described randomized shopping as development work, without providing a…

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Mark Zuckerberg Agrees to Stay in California Despite Billionaires’ Tax Ballot Measure

Meta CEO Mark Zuckerberg has agreed to keep living in Silicon Valley for eight years, potentially exposing himself to billions of dollars in one-time taxes if California voters approve a contentious ballot measure next month, according to a company regulatory filing released Wednesday. During a dinner with Meta board members on September 9, Zuckerberg informed…

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