Latest / Elon Musk Podcast / Elon Musk's Neuralink Worth $5 billion and SpaceX Updates
Transcript
- 0:04Hi everybody and welcome back to another episode of the Elon Musk
- 0:07podcast where we delve into the fascinating world of one of our
- 0:11era's most influential innovators.
- 0:13In today's episode, we're examining a particularly
- 0:16intriguing development, the astonishing rise in knurlings
- 0:20valuation, to an estimated five billion dollars, more than
- 0:24double its worth from just two years ago.
- 0:27And despite being years away from commercial, Socialization
- 0:30and its various regulatory challenges and ethical questions
- 0:35neurolink stands out as an intriguing exception in a market
- 0:38trend of pre-ipo companies. Now join us as we delve into the
- 0:43details of these secondary trades, the groundbreaking
- 0:46aspirations behind neural, links neural, interface technology,
- 0:49and the hurdles it faces in the course of its ambitious Journey,
- 0:53while the company's Innovative Pursuit, neural interface
- 0:56technology seems to dwell in the realm of Science Fiction.
- 1:00The numbers tell a very different story in the recent
- 1:03months. Neuro links, estimated value,
- 1:06skyrocketed to, about five billion dollars.
- 1:09That's an astonishing leap from its valuation of around 2,
- 1:12billion dollars just a few years ago.
- 1:15Secondary trades involving the privately held companies stock
- 1:19precipitated. This significant increase in
- 1:21wealth. Now driven by existing
- 1:23shareholders such as early investors and employees of a
- 1:28company. These has Leverage The Thin
- 1:31volume of these transactions to upturn the valuation metrics,
- 1:34effectively painting a promising picture of neural links
- 1:38financial future in this financial escalation is all the
- 1:42more surprising considering it took place before the US Food
- 1:45and Drug Administration. Gave the green light for a human
- 1:49trial involving knurlings technology though.
- 1:52This approval granted on May 25th. 2023 did appear to act as
- 1:57a catalyst triggering a flurry of The trades and seemingly
- 2:01bolstering, the value of the company.
- 2:03However, the Risin nerd links valuation needs to be
- 2:07contextualized within the broader market.
- 2:09Trends now Kemp light data reported that 85% of pre-ipo
- 2:15companies are witnessing a forty seven percent discount in
- 2:18secondary trades, neural links performance, therefore stands.
- 2:22As an exception in The Current financial landscape with a
- 2:25company bucking the trend in forging its unique trajectory.
- 2:29Now in this backdrop, Um, neuro-link has not only made
- 2:32headlines for its impressive financial performance, but also
- 2:35for its ambitious and potentially groundbreaking
- 2:38plans, the company's technology. Aims to stimulate brain
- 2:42activity, offering you an exciting and previously
- 2:45unexplored Avenue of treatment for paralyzed patients.
- 2:48Now, Beyond these medical application musk ever.
- 2:52The Visionary has articulated more ambitious goals for the
- 2:55brain chip technology. He sees a future where these
- 2:58implants could facilitate Tool epithelia, allow for web,
- 3:02browsing directly, through thought, and even address mental
- 3:06illness now in the spirit of advancing, this cause musk had
- 3:10hinted at the potential for human trials.
- 3:13Commencing as early as 2020 to, however, the FDA wary of the
- 3:17inherent risks and safety concerns associated with such a
- 3:21groundbreaking technology. Put the brakes on those plans.
- 3:25Now, despite the recent FDA approval, in the ensuing
- 3:29positive, Impact on knurlings value, the company isn't without
- 3:33its fair share of challenges and controversies reports indicate
- 3:37that the firm is currently under investigation.
- 3:40On several fronts earlier a report revealed that the company
- 3:43might have included insiders in its animal research, oversight
- 3:48committee. Now, these individuals can stand
- 3:50to benefit financially from expedited development, a
- 3:54situation that raises ethical questions.
- 3:57It's also noteworthy that the value of the stock By certain
- 4:00employees has surged by a staggering 150% in two years
- 4:06highlighting, the potential financial implications of these
- 4:09internal decisions. Furthermore neurolink is
- 4:12grappling with accusations related to Animal Welfare,
- 4:15company's staff. Reportedly said that there were
- 4:18instances where surgery is of monkeys, pigs and sheep were
- 4:22rushed once again, raising ethical and legal issues.
- 4:26And according to these concerns to Department of Transportation
- 4:29is Also launched a probe to determine whether neurolink
- 4:33adhered to appropriate, containment measurements during
- 4:36the transportation of chips extracted from the monkeys
- 4:39brains. Now, at this time, neither Elon
- 4:42Musk northerner like have responded to requests for any
- 4:46comments about these probes. Now let's shift gears from Elon
- 4:50musk's neural link to Elon musk's SpaceX following a
- 4:54successful launch of NASA's Space.
- 4:57X 28, Commercial resupply Services.
- 5:00Listen to new solar arrays, science investigation and
- 5:03supplies are on their way to the International Space Station
- 5:08carrying more than 7,000 pounds of cargo to the orbiting
- 5:11laboratory. The uncrewed SpaceX Dragon
- 5:13spacecraft launched on the company's Falcon 9 rocket at
- 5:1711:47 a.m. eastern time. Monday.
- 5:19June 5th, from NASA's, Kennedy Space Center in Florida.
- 5:23The cargo spacecraft is scheduled to autonomously dock
- 5:26with the space facing Port of the station's, Harmony module.
- 5:30At approximately 550 a.m. and remain at the station.
- 5:33For about 21 days, spacex's Dragon will deliver a pair of
- 5:38iro, SAS International Space Station rollout, solar arrays
- 5:43that once installed will expand the energy production
- 5:46capabilities of the microgravity complex.
- 5:49Now, there's some other interesting things on board the
- 5:52spacecraft. Now, there's a thunderstorm
- 5:55watch what happens about. Thunderstorms the Thor Davis,
- 5:59which Investigation from the European space agency and it
- 6:03will observe thunderstorms from the space station.
- 6:06This vantage point will allow researchers to see the
- 6:09electrical activity from above, particularly the Inception
- 6:13frequency and altitude of recently, discovered blue
- 6:16discharges scientists plan to estimate the energy of these
- 6:20phenomena to determine their effort in the atmosphere.
- 6:23Now, a better understanding of lightning and electrical
- 6:25activity in Earth's atmosphere can improve atmospheric models
- 6:29and provide a better understanding of Earth's climate
- 6:31and weather. There's some plant science going
- 6:34to the International Space Station as well.
- 6:36Plants exposed to environmental stress, including spaceflight,
- 6:39undergo changes to adapt, but those changes may not be passed
- 6:43On to the Next Generation. The plant habitat 03 will assess
- 6:47whether plants grow in space, can transfer some adaptations to
- 6:52the Next Generation. And if so whether a change
- 6:55continues through subsequent Generations, or stabilizes, the
- 6:58investigation will Wait a second generation of plants using seeds
- 7:02previously produced in space and return to Earth.
- 7:05Results could provide insight into how to grow multiple
- 7:08generations of plants to provide food and other services on
- 7:12future space missions. This investigation also could
- 7:15support development of strategies for adapting crops
- 7:18and other economically important plants to Marginal and reclaimed
- 7:22habitats on Earth. And there's one more experiment
- 7:26that I'm very interested in. They watch Cosmic weathering
- 7:29Iris sponsored by the International Space Station
- 7:32National Laboratory, observes, weathering of geological samples
- 7:36exposed to direct solar and background Cosmic radiation and
- 7:40determines whether changes are visually detectable.
- 7:44Now, the investigation also demonstrates experimental, son,
- 7:46sensors, torque rods, which provide attitude control, + D,
- 7:51tumbling for satellites and a battery heater collaboration.
- 7:54Between graduate undergraduate and middle school students in
- 7:57Canada, the project provides hands-on experience.
- 8:00That promotes interest in science, technology, engineering
- 8:03and math studies and careers results.
- 8:06Also could provide insight into weathering processes on
- 8:09planetary bodies. And when combined with data from
- 8:12asteroid sampling missions, they could improve understanding of
- 8:16the origins of asteroids irises part of the Canadian cubesat
- 8:19project led by the CSA. Thanks for listening to the show
- 8:23today. I really do appreciate you
- 8:24spending your time here with me today, please.
- 8:28If you can take a second and hit the Subscribe or follow button
- 8:30on whatever podcast platform that you're listening out right
- 8:33now, that would be really awesome because we're growing
- 8:36tremendously in, it's all because of you.
- 8:38So thank you so much for that. So that's it for today.
- 8:41Take care of yourselves and each other and I will see you in the
- 8:44next one.