Program and guest
ARK Invest founder and CEO/CIO Cathie Wood spoke with CNBC during the UP Summit at Kennedy Space Center about Tesla, SpaceX, Robotaxi and Anthropic. Original English title: “Watch CNBC’s full interview with ARK Invest CEO Cathie Wood.” The subtitles cover 0:00–7:51; this article compiles the full interview.
Key points
- - Tesla and SpaceX have shed a combined 420 billion dollars in market value since the midterm elections; ARK has been buying and will concentrate on its highest-conviction names during corrections. 3:58
- - Robotaxi has reached “escape velocity” and is delighting consumers. 4:34
- - Anthropic’s rumored IPO valuation is 1.5 trillion–2 trillion dollars; the current environment may place it at the lower end of the range. 5:54
- - Anthropic is still generating operating profit while training with 75% of compute. 6:37
- - Productivity is rising at an annualized rate of 3.7%, unit labor costs are falling 0.7%, and workers will eventually share in the productivity gains. 7:10
Background and notes
This CNBC Television episode is an interview with ARK founder Cathie Wood, covering Tesla, SpaceX, Robotaxi and Anthropic. The subtitles cover 0:00–7:51; this article compiles the full interview. Views and timestamps in the article are conveyed according to the original subtitles, and each timestamp marks the beginning of the corresponding excerpt.