Elon Musk’s Neuralink valuation hit $5 billion: In 2021, when the company raised its biggest ever investment of $205 million, it was valued at $2 billion. The current valuation was calculated based on private transactions with Neuralink shares, specifies Reuters.
Reuters sources valued neurochip developer Neuralink at $5 billion.
The amount is calculated on the basis of recent transactions with the company’s shares, the agency clarifies. These transactions took place shortly before Neuralink was allowed to test its neurochips on humans in May of this year.
In 2021, Neuralink raised its largest investment of $205 million. After the round, the company was valued at $2 billion.
In 2023, Elon Musk and the head of the Neuralink company he founded, Siobhan Zilis, became parents to twins in November 2021.
Author:
Kirill Bilyk
Source: RB
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