Neuralink Valued at Up to $42 Billion in Secondary Trading, 5x Higher Than Last Year's $9B Valuation

According to Business Insider, Neuralink's shares are trading at valuations between $29 billion and $42 billion in secondary markets as of July 22, with some investors attempting to bid as high as $60 billion. This represents a roughly five-fold increase from the $9 billion valuation the brain-computer interface company received during its latest fundraising round last year.

The surge follows growing investor demand for Elon Musk's artificial intelligence and robotics ventures, particularly after SpaceX's recent successful IPO, which has heightened interest in Musk's other private companies.