Neuralink Stock: When Can Investors Buy Shares in Elon Musk’s Neurotechnology Company?

Investors want Elon Musk’s startup to go public. But it’s unlikely we’ll see shares of Neuralink stock being sold on public exchanges any time soon.

Neuralink has two straightforward, yet very difficult, goals it wants to accomplish. First, the neurotechnology startup is building devices “with the goal of enabling people with paralysis to directly use their neural activity to operate computers and mobile devices.” And second, to invent “new technologies that will expand our abilities, our community, and our world.” 

It’s no big deal, really. It’s just another Elon Musk-based company trying to change the world. Musk co-founded Neuralink back in 2016, along with a handful of scientists and engineers, to create an implantable brain-machine interface (BMI).

Neuralink

IPO Interest

7

What is Neuralink?

Neuralink is a neurotechnology company that develops "ultra-high bandwidth brain-machine interfaces to connect humans and computers."

Expected IPO Date:

No Planned IPO Date

  • Neuralink is building brain-machine interface technology that it hopes could one day fight paralysis and some brain-based diseases.
  • Neuralink is building brain-machine interface technology that it hopes could one day fight paralysis and some brain-based diseases.

The technology, still in its early development, would allow humans to control technology that could potentially overcome paralysis and, eventually, to enhance human brain capabilities so that we can keep pace with artificial intelligence (AI). 

Some of Elon Musk’s claims and the practicable applications of this technology are unsurprisingly controversial. For example, Musk has said the Neuralink technology will help “solve” autism and provide people with “superhuman cognition.”

Meanwhile, some skeptics have called the company’s work “neuroscience theater” and don’t believe the company will ever deliver on its ambitious goals. But that hasn’t stopped investors from being very intrigued about what the company is doing and wondering when it might become publicly traded.  

As of right now, there’s no indication that Musk will take Neuralink public. But let’s take a look at both the bear case and the bull case for Elon Musk’s Neuralink, just in case you can buy the company’s stock one day. After all, if Tesla and SpaceX have taught us anything, it’s that it’s very hard to bet against Elon Musk’s companies.

or, skip straight to the section on when you can buy Neuralink

  • $158 million: How much money Neuralink has raised since it was founded in 2016
  • $100 million: The amount Elon Musk has invested in Neuralink
  • $500 million: Neuralink’s valuation

Creating a brain-computer interface (BCI) may seem like a far-fetched idea, but Neuralink is actually following in the footsteps of many other researchers that have gone before it. Connecting human brains to computers in a way that allows people to control computers with their brain signals has existed for decades. 

The company says on its website that, “This technology has the potential to treat a wide range of neurological disorders, to restore sensory and movement function, and eventually to expand how we interact with each other, with the world, and with ourselves.” 

While Neuralink is trying to take its technology further and innovate faster than past BCI tech, it’s still building on some of the same foundations that have already been established. 

There are differences, though. The first being that Neuralink is focused on creating a wireless brain-computer interface. Wireless BCI systems are less common than wired versions, although some are available. 

But the biggest bull case for Neuralink comes from Musk himself. The billionaire has given a hefty sum of his own money—$100 million—to help fund Neuralink. That influx of cash gives Neuralink a huge advantage in this field, just ask any researcher in search of their next grant. 

Making big advancements in any scientific field takes time and lots of money, and Musk’s huge financial commitment to the company means that Neuralink may be able to try out technologies that may not be available to its competitors. 

In addition to Musk’s $100 million contribution, the company has also raised an estimated $58 million. So, at least for now, the company doesn’t have to worry about funding being an issue. 

And while Musk being a co-founder of Neuralink doesn’t guarantee the success of the company, the fact that Musk has successfully built a market-leading electric vehicle and rocket company means that Neuralink’s bold ambitions can’t be discounted. 

As a billionaire who brings substantial funding and sheds a light on a research field, Musk could help accelerate the BCI field with Neuralink simply through his massive influence in other technological ventures. 

If Neuralink ever transitions from a private company to a public one, investors should know the company faces significant hurdles.

First, developing BCI devices is a slow-moving industry. There is still plenty about the brain that neuroscientists don’t understand and trying to out-engineer the human brain could prove extremely difficult. 

Some of Neuralink’s critics have pointed out that working with a brain isn’t the same as developing battery technology or rocket engines. The brain’s inherent complexity could curb Neuralink’s ambitions and cause the company to move slower than it expects. 

When the company showed off some of its technology in 2020, MIT Technology Review’s Antonio Regalado said it was “neuroscience theater” and that “most of the company’s medical claims remain highly speculative.” Ouch.

Additionally, even if the company can create wireless brain-computer interfaces the size of large coins and can theoretically implant them into a human brain using a robotic surgeon (when you write it all out it sounds kind of crazy), the company has yet to conduct any human trials, and it’s unclear whether it can turn Neuralink into a viable business. 

And then there’s Musk himself. While he brings star power and deep pockets to the brain science field, he’s also a sometimes controversial figure. 

Musk has garnered a lot of attention for his Twitter posts. One post, in particular, led the Securities and Exchange Commission to penalize Musk after he said on the social media platform that he had secured funding to take Tesla private. As a publicly traded company, there are laws that Tesla has to abide by when communicating important company information. 

And finally, Neuralink isn’t without competition. Other companies and researchers are working on brain-computer interfaces as well, some even with wireless capabilities. A Washington University startup, called Neurolutions, recently received FDA approval for a robotic wearable hand, making the device the first FDA-approved BCI. 

The fact is that Neuralink wants to use its technology to allow people with neurological disabilities and disorders to overcome their physical and neurological hurdles in real-time—and it may turn out that this feat is just as hard to accomplish practically as it sounds at first blush.

  • “This has a very good purpose, which is to cure important diseases—and ultimately to secure humanity’s future as a civilization relative to AI.” 
  • “All of your senses—your sight, hearing, feeling, pain—these are all electrical signals sent by neurons to your brain. And if you can correct these signals, you can solve everything from memory loss, hearing loss, blindness, paralysis, depression, insomnia, extreme pains, seizures, anxiety, addiction, strokes, brain damage—these can all be solved with an implantable neural link.” 
  • “In a lot of ways, it’s kind of like a Fitbit in your skull with tiny wires.” 
  • “I think in the future you will be able to save and replay memories… Essentially if you have a whole brain interface, everything that’s encoded in memory you could upload, you could basically store your memories as a backup and restore the memories. Then ultimately you could potentially download them into a new body or into a robot body. The future’s going to be weird.” 

When Can I Buy Neuralink Stock?

You can’t buy Neuralink stock right now because the company doesn’t have shares listed on any stock exchange. There aren’t any plans for the company to go public as of right now. 

Neuralink doesn’t have a stock symbol because the company isn’t publicly traded. If Neuralink ever goes public, it will choose a stock symbol and on which exchange—like the New York Stock Exchange or the Nasdaq Exchange—to be listed. 

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Neuralink is a private company with several investors. Elon Musk has invested the most money, putting a total of $100 million into the company. The additional $58 million in investments has come from Craft Ventures, DFJ Growth, Dreamers VC, Future Ventures (San Francisco), and Valor Equity Partners. 

Neuralink’s latest investments give the company a valuation of $500 million as of 2021.

Neuralink doesn’t have a share price because it’s not a publicly traded company. 

While there currently aren’t any plans for Neuralink to go public, some investors may be wondering whether the company would be a good company to invest in if Neuralink ever goes public. 

There are a lot of financial unknowns about Neuralink right now, so it’s difficult to make an accurate recommendation on whether or not investors should buy Neuralink stock if it were available. But there are few things investors should consider if the neurotechnology company ever does go public. For one, investors should give significant weight to the fact that Elon Musk oversees the company. 

Musk could invest more money into Neuralink in the future, helping to fuel more innovation and attracting top talent to the company. Musk’s wealth and big personality have already put Neuralink on many people’s radar, and it could help bring more prestige for the company.

Additionally, because Musk’s Tesla and SpaceX companies have achieved world-changing goals already, it’s possible that a publicly traded Neuralink could see its share price climb simply because it’s associated with Musk himself. 

That wouldn’t be a good reason to invest in Neuralink by itself, but the stock would likely be affected by Musk’s comments and actions or even based on how well his other companies are performing. 

Another thing investors should consider is that the goals Neuralink is trying to achieve could take many more years to achieve if they’re reached at all. 

That means that any investment in Neuralink stock could take a long time to pay off as the company works to develop a commercial BCI device. And if the company fails, or other companies release better devices than Neuralink, then its stock would likely take a hit. 

In short, Neuralink is a risky venture and there are a lot of unknowns. If the company achieves its goals of helping people with neurological diseases—or helping humans keep pace with AI—then it’ll have achieved some truly marvelous technological innovations. But only time will tell whether or not Neuralink will do for neuroscience what Tesla has done for the electric vehicle industry. 

Frequently Asked Questions 

There are currently no plans for Neuralink to go public. That could change at any time of course if Elon Musk and other executives at the company decide to take the company public.

You can’t buy Neuralink stock right now because the company isn’t publicly traded. As of May 2021, there have been no announcements about Neuralink going public. 

Neuralink’s stock isn’t listed on any stock exchanges because the company isn’t publicly traded.

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