#TradingPairs101 NEURALINK OF ELON MUSK RAISES $650M AT A VALUATION OF $9B TO BOOST HUMAN-AI INTEGRATION

Neuralink, Elon Musk's brain-computer interface startup, has raised $650 million in a Series E round, raising its valuation to approximately $9 billion, according to Semafor. Backed by investors such as ARK Invest, Founders Fund, and Sequoia Capital, the funding supports Neuralink's ongoing clinical trials.$UMA

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The company says it has implanted brain chips in five patients with severe paralysis and recently received the designation of "breakthrough device" from the U.S. FDA, streamlining the regulatory pathway. $IOST

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This marks a significant leap from its Series D round of $280 million in 2023, as Neuralink moves towards real-world human-AI integration.$EDU