Reported 16 days ago
Cathie Wood, CEO of ARK Investment Management, believes that Elon Musk will play a crucial role in enhancing government efficiency during the potential second term of Donald Trump. In a discussion, Wood expressed her views on how the Trump administration could impact corporate America, especially in terms of mergers and acquisitions, as well as technology advancements. She criticized current SEC Chair Gary Gensler for hindering crypto adoption and emphasized the need for deregulation to reinvigorate venture capital and liquidity events.
Source: YAHOO