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Neuralink's Secondary Market Value Hits $42 Billion
Neuralink's secondary market valuation surged to $42B, up from $9B last year, as investors scramble for Musk's brain-chip startup. Some bids top $60B. 21 patients implanted so far.
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Neuralink, Elon Musk's brain-chip startup, is being valued at as much as $42 billion in secondary market transactions, according to correspondence seen by Business Insider and a person familiar with the matter.
That is nearly five times the $9 billion valuation from its last funding round in 2024, Semafor reported at the time. Transactions in recent months have ranged from $29 billion to $42 billion, with some bidders seeking shares at nearly $60 billion, according to Caplight, a private markets research provider.
Because Neuralink is private, shares trade on secondary markets where employees and early investors sell stakes. These valuations reflect demand rather than a public market price. Not all investors agree on the price. Some have balked at the high valuations, the person familiar said.