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- Tesla (NASDAQ:TSLA) founder Elon Musk’s neurotechnology company, Neuralink, has filed for a $649M equity offering.
- An SEC filing dated Thursday indicates that the offering will not last more than a year.
- Neuralink designs brain-computer interfaces that can be surgically implanted. These implants allow the user to control electronic devices, such as smartphones or computers, with their thoughts alone. The technology is intended to help people with paralysis or other debilitating neurological conditions the ability to gain more autonomy and independence.
- Musk also runs Starlink (STRLK), SpaceX (SPACE), xAI and X.
More on Tesla, Starlink, SpaceX
- Tesla: Make Or Break Moment Fast Approaching (Rating Downgrade)
- Tesla Robotaxi Due Date On June 22: And I’m Here For The Delivery (Upgrade)
- Musk’s Dispute With Trump Puts Tesla In An Even Worse Position
- ARK Invest thinks SpaceX could soar to a $2.5 trillion valuation by 2030
- Trump calls Musk ‘a friend,’ hints to higher auto tariffs