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Elon Musk’s Neuralink raises fresh cash at $9 billion valuation: Report

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Elon Musk‘s brain implant company Neuralink raised $600 million in a deal that values the company at $9 billion before the new cash, Semafor reported on Tuesday, citing people with knowledge of the matter.

Neuralink did not immediately respond to a Reuters request for comment.

The startup was estimated to be valued at $5 billion in 2023, based on privately executed stock trades described to Reuters. The company had previously raised $280 million in a funding round led by Peter Thiel’s Founders Fund.

In April, Bloomberg News reported that the company…

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