In recent months, Elon Musk’s Neuralink has captured public attention with its futuristic vision of connecting the human brain to computers.
Neuralink is a neurotechnology startup founded by Musk in 2016. The company held its public launch event in June 2019, during which it showed the world its cutting-edge technology: an innovative brain-computer interface (
BCI).
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How Neuralink Works
Neuralink uses otherworldly filaments implanted in the brain using a robotic device similar to a sewing machine.
These filaments connect to a specially designed chip that can read data from groups of neurons. The potential of BCI technologies includes restoring vision and helping paralyzed individuals regain control of their limbs
.
Neuralink Review
Neuralink was valued at around 5 billion dollars in June 2023. However, being a private company, much of its financial information is confidential.
Past funding includes US$205 million in 2021 and US$280 million in 2023.
Human Experiments and Results
Neuralink launched a patient registry in early 2023, allowing volunteers to participate in clinical trials. The first trial, called PRIME, is focused on patients with cervical spinal cord injuries or amyotrophic lateral sclerosis (ALS). The initial results of human trials seem promising, with patients able to move a computer cursor with
their thoughts.
How to Invest in Neuralink
As a private company, investing directly in Neuralink is not an option open to everyone. However, there are indirect ways to participate in the growth of this innovative company
.
1. Investing in Involved Companies
Investing in public companies that have invested in Neuralink may provide indirect exposure. For example, Google Ventures, a subsidiary of Alphabet, is one of Neuralink’s investors. By investing in Alphabet, you can benefit indirectly from investing in Neuralink
.
2. Investing in Venture Capital Funds
Some venture capital funds may have invested in Neuralink. Accredited investors may have the option to invest in these transactions
.
3. ETF
A
simpler option might be to invest in an ETF that focuses on companies related to BCI technology. Although there are no ETFs exclusively dedicated to BCIs, there are funds that offer exposure to related topics, such as the iShares Healthcare Innovation ETF or the Global X Robotics &
Artificial Intelligence Thematic ETF.
Conclusions
As Neuralink continues its journey, it remains an attractive investment option for those who wish to participate in the neural technology revolution. However, it’s important to conduct diligent research and consider your investment needs and objectives before making a decision
.
