Elon Musk’s Neuralink is in early talks to raise about $500 million at a pre-money valuation of $8.5 billion, according to Bloomberg. The round would imply a $9 billion post-money valuation if finalized. Neuralink was last valued at $3.5 billion in November 2023, per PitchBook. CEO Jared Birchall, who also manages Musk’s family office, leads the effort. The company aims to commercialize brain-computer interface technology to help individuals with paralysis and potentially augment human capabilities.
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00:00It's Benzinga, bringing Wall Street to Main Street.
00:02Elon Musk's Neuralink is in early talks to raise about $500 million in a pre-money valuation of $8.5 million, according to Bloomberg.
00:09Brown would apply a $9 billion post-money valuation if finalized.
00:13Neuralink was last valued at $3.5 billion in November 2023 per pitch book.
00:18CEO Jared Burchall also manages Musk's family offices leading the effort.
00:22The company aims to commercialize brain-computer interface technology to help individuals with paralysis and potentially augment human capabilities.
00:29For all things money, visit Benzinga.com slash GSTV.