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.
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