Hi everybody and welcome back to another episode of the Elon Musk
podcast where we delve into the fascinating world of one of our
era's most influential innovators.
In today's episode, we're examining a particularly
intriguing development, the astonishing rise in knurlings
valuation, to an estimated five billion dollars, more than
double its worth from just two years ago.
And despite being years away from commercial, Socialization
and its various regulatory challenges and ethical questions
neurolink stands out as an intriguing exception in a market
trend of pre-ipo companies. Now join us as we delve into the
details of these secondary trades, the groundbreaking
aspirations behind neural, links neural, interface technology,
and the hurdles it faces in the course of its ambitious Journey,
while the company's Innovative Pursuit, neural interface
technology seems to dwell in the realm of Science Fiction.
The numbers tell a very different story in the recent
months. Neuro links, estimated value,
skyrocketed to, about five billion dollars.
That's an astonishing leap from its valuation of around 2,
billion dollars just a few years ago.
Secondary trades involving the privately held companies stock
precipitated. This significant increase in
wealth. Now driven by existing
shareholders such as early investors and employees of a
company. These has Leverage The Thin
volume of these transactions to upturn the valuation metrics,
effectively painting a promising picture of neural links
financial future in this financial escalation is all the
more surprising considering it took place before the US Food
and Drug Administration. Gave the green light for a human
trial involving knurlings technology though.
This approval granted on May 25th. 2023 did appear to act as
a catalyst triggering a flurry of The trades and seemingly
bolstering, the value of the company.
However, the Risin nerd links valuation needs to be
contextualized within the broader market.
Trends now Kemp light data reported that 85% of pre-ipo
companies are witnessing a forty seven percent discount in
secondary trades, neural links performance, therefore stands.
As an exception in The Current financial landscape with a
company bucking the trend in forging its unique trajectory.
Now in this backdrop, Um, neuro-link has not only made
headlines for its impressive financial performance, but also
for its ambitious and potentially groundbreaking
plans, the company's technology. Aims to stimulate brain
activity, offering you an exciting and previously
unexplored Avenue of treatment for paralyzed patients.
Now, Beyond these medical application musk ever.
The Visionary has articulated more ambitious goals for the
brain chip technology. He sees a future where these
implants could facilitate Tool epithelia, allow for web,
browsing directly, through thought, and even address mental
illness now in the spirit of advancing, this cause musk had
hinted at the potential for human trials.
Commencing as early as 2020 to, however, the FDA wary of the
inherent risks and safety concerns associated with such a
groundbreaking technology. Put the brakes on those plans.
Now, despite the recent FDA approval, in the ensuing
positive, Impact on knurlings value, the company isn't without
its fair share of challenges and controversies reports indicate
that the firm is currently under investigation.
On several fronts earlier a report revealed that the company
might have included insiders in its animal research, oversight
committee. Now, these individuals can stand
to benefit financially from expedited development, a
situation that raises ethical questions.
It's also noteworthy that the value of the stock By certain
employees has surged by a staggering 150% in two years
highlighting, the potential financial implications of these
internal decisions. Furthermore neurolink is
grappling with accusations related to Animal Welfare,
company's staff. Reportedly said that there were
instances where surgery is of monkeys, pigs and sheep were
rushed once again, raising ethical and legal issues.
And according to these concerns to Department of Transportation
is Also launched a probe to determine whether neurolink
adhered to appropriate, containment measurements during
the transportation of chips extracted from the monkeys
brains. Now, at this time, neither Elon
Musk northerner like have responded to requests for any
comments about these probes. Now let's shift gears from Elon
musk's neural link to Elon musk's SpaceX following a
successful launch of NASA's Space.
X 28, Commercial resupply Services.
Listen to new solar arrays, science investigation and
supplies are on their way to the International Space Station
carrying more than 7,000 pounds of cargo to the orbiting
laboratory. The uncrewed SpaceX Dragon
spacecraft launched on the company's Falcon 9 rocket at
11:47 a.m. eastern time. Monday.
June 5th, from NASA's, Kennedy Space Center in Florida.
The cargo spacecraft is scheduled to autonomously dock
with the space facing Port of the station's, Harmony module.
At approximately 550 a.m. and remain at the station.
For about 21 days, spacex's Dragon will deliver a pair of
iro, SAS International Space Station rollout, solar arrays
that once installed will expand the energy production
capabilities of the microgravity complex.
Now, there's some other interesting things on board the
spacecraft. Now, there's a thunderstorm
watch what happens about. Thunderstorms the Thor Davis,
which Investigation from the European space agency and it
will observe thunderstorms from the space station.
This vantage point will allow researchers to see the
electrical activity from above, particularly the Inception
frequency and altitude of recently, discovered blue
discharges scientists plan to estimate the energy of these
phenomena to determine their effort in the atmosphere.
Now, a better understanding of lightning and electrical
activity in Earth's atmosphere can improve atmospheric models
and provide a better understanding of Earth's climate
and weather. There's some plant science going
to the International Space Station as well.
Plants exposed to environmental stress, including spaceflight,
undergo changes to adapt, but those changes may not be passed
On to the Next Generation. The plant habitat 03 will assess
whether plants grow in space, can transfer some adaptations to
the Next Generation. And if so whether a change
continues through subsequent Generations, or stabilizes, the
investigation will Wait a second generation of plants using seeds
previously produced in space and return to Earth.
Results could provide insight into how to grow multiple
generations of plants to provide food and other services on
future space missions. This investigation also could
support development of strategies for adapting crops
and other economically important plants to Marginal and reclaimed
habitats on Earth. And there's one more experiment
that I'm very interested in. They watch Cosmic weathering
Iris sponsored by the International Space Station
National Laboratory, observes, weathering of geological samples
exposed to direct solar and background Cosmic radiation and
determines whether changes are visually detectable.
Now, the investigation also demonstrates experimental, son,
sensors, torque rods, which provide attitude control, + D,
tumbling for satellites and a battery heater collaboration.
Between graduate undergraduate and middle school students in
Canada, the project provides hands-on experience.
That promotes interest in science, technology, engineering
and math studies and careers results.
Also could provide insight into weathering processes on
planetary bodies. And when combined with data from
asteroid sampling missions, they could improve understanding of
the origins of asteroids irises part of the Canadian cubesat
project led by the CSA. Thanks for listening to the show
today. I really do appreciate you
spending your time here with me today, please.
If you can take a second and hit the Subscribe or follow button
on whatever podcast platform that you're listening out right
now, that would be really awesome because we're growing
tremendously in, it's all because of you.
So thank you so much for that. So that's it for today.
Take care of yourselves and each other and I will see you in the
next one.