NEURALINK VALUATION
OpenAI joins seed round of brain-computer interface startup Merge Labs
The financial terms of the investment were not disclosed. The move signals OpenAI’s growing interest in technologies that extend beyond software, pointing to a longer-term focus on hardware and human-augmentation research alongside its core AI business.
Musk in 2025: Political backlash, Trump tensions, & business focus
In 2025, given the public anger during his time at the Department of Government Efficiency (DOGE), Musk took a step back and refocussed on his businesses. Musk made headlines by moving up his timeline for AGI. He now predicts that AI will be "smarter than any single human at anything" by late 2026. According to reports, xAI will launch Grok 5 in early 2026, powered by the fully operational "Colossus 2" supercomputer cluster.
Elon Musk net worth: What made him the world’s richest man? How a $1 Trillion shareholder-approved pay package could make him history’s first Trillionaire
Elon Musk, the driving force behind Tesla and SpaceX, is on the cusp of becoming the world's first trillionaire. His immense wealth, already exceeding $500 billion, is fueled by soaring valuations of his ventures. A recent shareholder vote at Tesla approved a massive compensation package, potentially adding nearly $1 trillion in stock over a decade, contingent on ambitious performance goals.
Half-a-trillion Musk isn't just a price tag
Musk's ascent is not powered by conventional economics. Tesla's valuation defies automotive logic, SpaceX largely monetises Martian dreams, and Neuralink, so far, sells cerebral sci-fi. His empire is built not on cash flow but on charisma, chaos and cult of disruption, with a brush with the political executive adding to its churn-charisma.
Elon Musk becomes first person to hit $500 billion in net worth: All you need to know
Elon Musk became the first person with a net worth of $500 billion, driven by Tesla’s stock rebound and the rising value of his ventures, including SpaceX and xAI. Tesla aims for AI, robotaxis, and humanoid robots, while xAI and SpaceX pursue ambitious growth and funding plans.
Sam Altman’s brain chip venture is mulling gene therapy approach
Altman said he wants to be able to think something and have ChatGPT respond to it. The company is looking at an approach involving gene therapy that would modify brain cells. In addition, an ultrasound device would be implanted in the head that could detect and modulate activity in the modified cells.
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Elon Musk loses $80 billion — one more Tesla crash could end his world’s richest title
Elon Musk net worth 2025: Elon Musk's wealth has significantly decreased in 2025, primarily due to Tesla's struggles with revenue decline and stock performance. Despite a $29 billion compensation package approved by shareholders, Musk's position as the world's richest person is threatened as rivals like Larry Ellison and Mark Zuckerberg experience substantial wealth gains.
Just 23 years ago, the world's richest man had to introduce himself, and even spell out his name: E-L-O-N M-U-S-K. Watch Video
Before becoming a tech titan, Elon Musk was a little-known innovator pitching space dreams. In a recently resurfaced interview, he humbly introduces himself, spelling out his name and role at SpaceX. Today, he commands billions, advises the U.S. President, and shapes the future of AI and space. The video is a powerful reminder of how far ambition can go.
Good Glamm misses payroll again; Uber top-deck reshuffle
Cash-strapped beauty platform Good Glamm Group did not pay wages for the second month in a row. This and more in today’s ETtech Top 5.
Musk kicks off xAI, Neuralink fundraises after DOGE farewell
Elon Musk is shifting his focus back to his businesses, with xAI seeking $5 billion to expand its AI footprint and Neuralink securing $650 million after successful clinical trials of its brain implant devices. X is rolling out XChat, a new direct message service, while Tesla appears hesitant to establish manufacturing in India despite initial interest.
Elon Musk’s xAI to raise $5 billion through debt sale
Elon Musk's xAI is seeking $5 billion in debt financing, with Morgan Stanley managing the offering, to fuel its AI infrastructure expansion, including a massive data centre in Memphis. This move comes as Musk shifts focus back to his businesses after a period of political involvement. The debt package has already seen strong investor demand, exceeding $3.5 billion.
Elon Musk's Neuralink raises fresh cash at $9 billion valuation: Report
Neuralink is in the process of testing its implant, which is intended to help people with spinal cord injuries. The device has allowed the first patient to play video games, browse the internet, post on social media and move a cursor on his laptop directly with his brain.
Elon Musk's Neuralink could fetch $8.5 billion valuation
Elon Musk’s Neuralink is in early talks to raise about $500 million at a pre-money valuation of $8.5 billion, a sharp rise from its $5 billion valuation in 2023. Neuralink’s brain implant, now in clinical trials, has enabled a paralysed patient to control devices using only brain signals
Peter Thiel’s Founders Fund raises $4.6 billion to back growth-stage startups
Per an SEC filing, the Founders Fund Growth III has 270 investors. Thiel, Napoleon Ta and Trae Stephens are listed as directors. The funds raised will be used to back later-stage startups, with a focus on sectors like AI, defense, and advanced manufacturing.
Elon Musk lost Rs 7 lakh crore in just 2 months of 2025 but is still the world's richest man. Here's why
Elon Musk lost Rs 7 lakh crore in just two months of 2025 but still continues to enjoy the title of world's richest man. Musk's wealth has dropped to $351 billion, according to the Bloomberg Billionaires Index. His closeness to US President Donald Trump has proved to be a big advantage and has helped his business ventures.
Billionaire Ray Dalio, speaking on DeepSeek, says Chinese AI strategy will rely on very inexpensive chips embedded in manufactured goods, and reiterates that AI is a war that no country can afford to lose
Billionaire Ray Dalio urged investors to be cautious about current tech valuations, drawing parallels to the dot-com bubble.
Elon Musk's net worth now more than Jeff Bezos and Bill Gates' combined wealth
Elon Musk has scaled another peak as the world's richest person with a net worth exceeding $400 billion. This surge is due to a recent SpaceX transaction and Tesla's stock rise. Musk's wealth now surpasses that of Jeff Bezos and Bill Gates.
TCS Q1 results; Pine Labs, Swiggy valuations slashed
Indian IT bellwether TCS kicked off the tech earnings season with a 9% YoY growth in net profit for the June quarter. This and more on today's ETtech Top 5.
Elon Musk and India -- who needs who more? Here are some pointers
Tesla and India can tango productively, and the latter could well offer the best anchor to make batteries and export them to the world. These would both create much-needed jobs, as well as lead to a platform play for renewables and EVs in India.
Neuralink's first human patient able to control mouse through thinking: Elon Musk
The study uses a robot to surgically place a brain-computer interface implant in a region of the brain that controls the intention to move, Neuralink has said, adding that the initial goal is to enable people to control a computer cursor or keyboard using their thoughts.
Want details on Elon Musk's brain implant trial? You'll have to ask him
Neuralink does not have to divulge even basic details about its trial, including the facility where patients are being implanted with the device and monitored, as well as the number of participants and expected completion date.
PB Fintech's maiden profit; another markdown for Meesho
Policybazaar parent PB Fintech on Tuesday reported its first ever net profit on the back of strong revenue growth for the quarter ended December 2023. This and more in today’s ETtech Top 5.
Elon Musk's Neuralink raises additional $43 million
Neuralink, which was founded in 2016, has developed a sewing machine-like device capable of implanting ultra-thin threads inside the brain.
Elon Musk's Neuralink raises $280 million in latest fundraise
Elon Musk's brain chip startup Neuralink has raised $280 million in a funding round led by Founders Fund, the company said in a post on messaging platform X.
Musk expects brain chip startup Neuralink to implant 'first case' this year
Last month, Neuralink said it received US Food and Drug Administration (FDA) clearance for its first-in-human clinical trial, a critical milestone for the startup as it faces US probes over its handling of animal experiments.
Elon Musk's Neuralink valued at about $5 billion despite long road to market
Elon Musk has expressed grand ambitions for Neuralink, saying its chip would allow healthy and disabled people alike to pop into neighborhood facilities for speedy surgical insertions of devices to treat obesity, autism, depression and schizophrenia.
At Musk's brain-chip startup, animal testing panel is rife with potential conflicts
Elon Musk's brain-implant venture has filled an animal-research oversight board with company insiders who may stand to benefit financially as the firm reaches development goals.
Why US regulators rejected Elon Musk’s bid to test brain chips in humans
A year after the rejection, Neuralink is still working through the agency’s concerns. Three staffers said they were skeptical the company could quickly resolve the issues – despite Musk’s latest prediction at a Nov. 30 presentation that the company would secure FDA human-trial approval this spring.
Elon Musk's SpaceX raises over $337 million in fresh funding
According to Morgan Stanley, the space economy could be worth $1 trillion by 2040.
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