Elon Musk’s tech startup Neuralink, which develops brain-computer interface technologies, is planning to raise $500 million in a new funding round, with a company valuation of $8.5 billion. This was reported by Bloomberg, citing sources familiar with the matter.
Currently, the company is in early-stage discussions with investors, and it is noted that the terms being discussed may still change.
Valuations of Neuralink have varied over time: in June 2023, Reuters sources estimated the company to be worth $5 billion, while PitchBook reported a valuation of $3.5 billion in November of the same year.
Founded in 2016, Neuralink is working on neurointerface technologies that directly connect the human brain to computers. The company announced its first human implantation in early 2024. Elon Musk later shared information about the second patient’s procedure in August 2024. The implantation of a chip in a third patient was reported in January 2025.
Recently, Neuralink has started searching for volunteers worldwide for chip implantation trials. Previously, the program was only available to citizens of the United States, Canada, and the United Kingdom.
