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About Neuralink Stock
Founded
2017
Total Funding
688M
Industries
Hardware, Software, Science and Engineering
Neuralink is a neurotechnology company that develops brain-computer interfaces (BCIs) to enable direct communication between the human brain and computers. The company's technology aims to help individuals with neurological disorders regain mobility and communication abilities while also exploring future applications for human-AI integration. By advancing implantable brain devices, Neuralink seeks to push the boundaries of neuroscience and human enhancement.
Neuralink was founded in 2016 and is headquartered in Fremont, CA. Notable investors include Elon Musk.
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Investors in Neuralink
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Neuralink Management
Leadership team at Neuralink
Founder
Elon Musk
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Neuralink Key Facts
- Neuralink has reported significant growth in its valuation since its founding in 2016 and is valued at around $5 billion (as of June 2023), based on privately executed stock trades. The company was previously valued at $2 billion based on its last funding round, but after a May 2024 announcement that U.S. regulators had approved a human trial on its brain chip, many bullish investors boosted the valuation. This valuation increase may reflect strong investor confidence in the company and potential for future growth.
- Neuralink has announced significant milestones in its brain-computer interface (BCI) technology and in January 2024 the first human participant in its clinical trial received the company's brain-computer interface. The study, called PRIME, is anticipated to span six years starting with an 18-month primary phase. As of January 2025, three people have received the implant with Musk predicting that in 2025 alone around 20 to 30 patients will also receive the implant. Neuralink is also reportedly focused on improving its own software that powers these chips and one of its stated goals is to cut the recalibration time to a few minutes.
- Neuralink has signaled a strategic intent to protect its intellectual property and possibly expand into new areas of neural technology. The company hopes to achieve this by filing applications with the United States Patent and Trademark Office (USPTO) to exclusively own the names Telepathy, Telekinesis, and other names for future products. In addition to Neuralink's BCI technology, the company is also exploring a vision implant product called Blindsight, after having received a "breakthrough device designation" from the FDA for a version of its implant that could be used to restore limited vision to blind people. These trademark applications may suggest Neuralink's confidence in its future products.
- Neuralink faces regulatory concerns as the company has not received regulatory approval for the general sale of its products as of March 2025 and is still considered to be experimental. The company has also been accused of violating conflict-of-interest regulations and has thus come under scrutiny from U.S. lawmakers. The law enforcement arm of the U.S. Department of Agriculture has been investigating Neuralink for potential animal-welfare violations and the Department of Transportation is separately probing Neuralink's containment measures. Any further investigations could negatively impact the company if they lead to lawsuits and more regulatory hurdles.
- Neuralink has been criticized for its lack of transparency and specifically in its way of communicating scientific news through casual social media updates rather than traditional outlets like peer reviewed publications, public repositories or pre-prints. While it is not illegal for Neuralink to not register its clinical trials, doing so "violates fundamental ethical guidelines for biomedical research," according to an ethics professor. These ethical concerns may pose a risk to the company as it could lead to public resistance and regulatory pushback towards the technology.
- Neuralink faces competition from other companies and research institutions working on similar brain-machine interface technologies. One of its main rivals is US-based Synchron which is, as of August 2024, further along in the clinical trial process than Neuralink and is preparing to recruit patients for a large-scale clinical trial ahead of commercial approval. Other competitors include BrainGate and Clinatec. There are also big tech players like Google or Meta that could enter the brain-computer interface market.
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