Cathie Wood: Disruptive Innovation Will Be Valued At $210 Trillion By 2030
Monday, October 17, 2022 · Johnny Hopkins
In her recent interview on The Investor’s Podcast, Cathie Wood explained why disruptive innovation will be valued at $210 Trillion by 2030. Here’s an excerpt from the interview:
Wood: So we want to own innovation and you can’t just do that in the public world, but the public world given the opportunities that we see for scaling, just to mention this for you, we believe that today in the public or in the equity markets globally, truly disruptive innovation is valued somewhere in the $7 Trillion to $8 Trillion range.
By 2030, we think that goes to $210 Trillion. So that’s a 30-fold increase, that doesn’t seem possible. But when you look at what Tesla has done. Tesla is a microcosm of what’s going to happen.
It’s one of the earliest examples of the kind of scaling opportunities that are going to be available out there and they need the public markets to accomplish that.
You can watch the entire discussion here:
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