Last updated Nov 29, 2025
Prediction
Chamath
markets
Uber’s stock price, at roughly $70 at the time of this Dec 16, 2023 recording, will rise to at least $76 in the foreseeable future (implicitly within the next market cycle, i.e., within 1–2 years).
So Uber's at 70. ... We're going to 76 puts me in I don't care mode That's for sure.View on YouTube
Explanation

Uber’s stock traded below $70 around mid‑December 2023 (e.g., closing at about $62 on December 15, 2023), so Chamath’s reference price of “around 70” is in the right neighborhood.(statmuse.com) Historical price data show that on April 5, 2024, Uber closed at roughly $77.16, clearly above the $76 level specified in the prediction and well within a few months of the December 16, 2023 recording.(marketwatch.com) Annual data for 2024 also record a year high of about $86.34, confirming that the stock traded comfortably above $76 during that year.(macrotrends.net) By late 2025, Uber’s share price remains in the mid‑$80s, further underscoring that the stock surpassed and stayed above the predicted threshold within the 1–2 year “market cycle” window.(macrotrends.net) Since the specific quantitative target (≥$76) was reached relatively quickly after the prediction and well within the implied horizon, this prediction is best judged as right.