Cathie Wood on capital spending
From "Bitcoin CRASHED TERRIBLY! It's All BlackRock!" - Cathie Wood Bitcoin Insights · · FINANCE INSIDER
“Now, here's the good news. Um capital spending is beginning to boom. Now, what's interesting about this chart, and I've uh watched it really since since the early 90s, uh we peaked at roughly the same level every other cycle. And now we've blown out uh and and and are moving rapidly in in away from that former peak. Uh so you know in the stock market when you say you've had a big base and it's lasted in this case 30 35 years the breakout um is significant and probably will be sustained uh I think thanks to the deregulation and favorable tax policies here in the United States as I discussed earlier.”
On , Cathie Wood, CEO & Founder at ARK Invest, spoke about capital spending during "Bitcoin CRASHED TERRIBLY! It's All BlackRock!" - Cathie Wood Bitcoin Insights on FINANCE INSIDER.
About Cathie Wood
Cathie Wood, CEO and CIO of Ark Invest, has recently made several public appearances discussing her investment theses on autonomous vehicles, artificial intelligence, cryptocurrency, and macroeconomic trends. In a June 2026 ride-along in a Tesla Robotaxi in Austin, Texas, Wood stated that she believes Tesla will achieve a "winner take most" market share in the robotaxi space, predicting the company could lower costs to 25 cents per mile at scale. She also argued that auto production has already peaked, citing the rise of ride-hailing services. Regarding SpaceX, Wood stated that her firm's preliminary analysis suggests orbital data centers could increase the company's revenue potential by "10 to 20 times" beyond their existing model, which had previously valued the company at $2.5 trillion based solely on broadband connectivity. On macroeconomic and regulatory matters, Wood has argued that the U.S. economy is entering a "boom territory" driven by productivity gains and capital spending, and she attributed recent market volatility to uncertainty around new Federal Reserve Chairman Kevin Warsh's policy stance. She has also expressed optimism about cryptocurrency, stating that institutional adoption is accelerating and that the "bottoming process" for Bitcoin is underway, with a base case price target of $730,000 by 2030 remaining intact. Wood praised SEC Chairman Paul Atkins for his deregulatory approach and predicted that the Clarity Act, if passed, would be a boon for the crypto ecosystem. She has also highlighted the convergence of AI, robotics, and blockchain technologies as a key driver of what she describes as a "technology revolution" that will dwarf the industrial revolution.