Neuralink IPO: When will Neuralink go public?
“We can save and replay memories. The future is going to be weird,” – Elon Musk, Founder and CEO of Neuralink.
The future is going to be weird, indeed. With all the technologies that are only being developed at the moment and all the possibilities we are about to face. One of such innovations, Neuralink, has been a hot topic for a few years so far and is still widely discussed.
The company is primarily famous for its founder and CEO, Elon Musk, who’s been a public figure and a rad Twitter user for ages. However, the general audience knows very little about Neuralink itself and the technology behind it. Regardless, many investors want to get the company's shares and are looking forward to the Neuralink stock IPO date announcement.
But is the company worth it? Or is it just a fad caused by the famous figure behind the organization? And how can you get Neuralink stocks? Let’s figure it out together today.
What is Neuralink?
Neuralink Corporation is a leading neurotechnology company that develops implantable brain-machine interfaces that are aimed at facilitating human lives, helping us overcome diseases and expand our abilities.
The first innovation of the company, which was presented in 2019, was an N1 implant, a chip that was to be installed in a human's skull with a set of electrodes connected to the brain. The chip itself was meant to be pretty small, about the size of a coin, while the wires were even tinier – each around 20x thinner than a human hair.
Every wire was built to be equipped with 1,024 electrodes that would monitor brain activity and stimulate the brain with the help of electric waves. This way, the information would be transferred from the brain to different devices and vice versa.
However, in 2020, the company presented an updated version of the chip that had no wires at all. The new version, called The Link, is located 100% inside the head, replacing a part of the skull.
Since the surgery to install the chip is extremely complicated, the company has also developed another piece of technology – a surgical robot that could automatically implant the chip.
Watch Dr. Paul Nuyujukian, who directs the Brain Interfacing Laboratory at Stanford's Wu Tsai Neurosciences Institute, talk about the technology behind Neuralink:
According to Elon Musk, the initial goal of the Neuralink Corporation was to achieve “symbiosis” between the human brain and artificial intelligence. And let’s be honest, judging by Neuralink’s progress so far, it is a rather plausible outcome.
Elon Musk, the CEO of Neuralink
Elon Musk is one of the founders and the CEO of Neuralink, who established the company with seven other scientists and engineers in 2016. However, despite the early launch, Neuralink was first publicly reported only in March 2017.
Since the time it was founded, the company has hired several well-known neuroscientists and received $158M in funding (of which $100M was from Musk).
And it’s no surprise that Musk believes in the success of his company, but the question is, are such high expectations reasonable after all?
Neuralink achievements
- 2016 – Neuralink is founded under the radar.
- Jan 2017 – The trademark "Neuralink" is purchased from its previous owners.
- Mar 2017 – The company is first publicly reported by The Wall Street Journal.
- 2018 – Musk becomes the majority owner of the company.
- 2019 – Neuralink gets over $158M funding, including $100M from Elon Musk.
- 2019 – The team reveals the first prototype of the chip during a public presentation.
- 2020 – Musk conducts a live presentation that includes a demo showing the device that tracks the joint movements of pigs.
- Jul 2020 – Neuralink obtains an FDA breakthrough device designation that allows limited human testing.
- Apr 2021 – Neuralink demonstrates a monkey playing the “Pong” game with the help of the Neuralink implant.
- 2022 – Neuralink has raised $373M so far.
Interesting facts about the company
- Neuralink could begin human clinical trials with brain implants in 2022.
- Elon Musk called The Link “a Fitbit in your skull”, probably implying that users will be able to connect the device to their smartphones to track brain activity.
- According to Musk, users will be able to implant The Link in about an hour and won’t even need general anesthesia.
- At the moment, Neuralink uses pigs and monkeys to conduct trials, but its methods have been criticized by groups such as PETA.
- The Neuralink IPO date is yet to be announced. The company has not gone public yet, and no one knows when to expect this to happen.
- Google purchased the equity in Neuralink as a part of a Series C Funding Round.
When will Neuralink go public?
When it comes to the history of Neuralink and its achievements, many investors are surprised why the company hasn’t gone public yet. And it is genuinely weird since the team would get endless possibilities with public funding. However, the Neuralink stock IPO hasn’t even been discussed yet.
The main reason for the IPO delay is probably the fact that Neuralink is still at the very early stage of technology development. As human trials haven’t even started yet and get postponed every year, investors might need to wait for a while until they can trade Neuralink shares.
And yet, even though the company hasn’t gone public yet, there is still a possibility to invest in Neuralink.
How to invest in Neuralink
If you want to buy Neuralink shares, the easiest option would be to get them on Orderbook even before the official Neuralink IPO.
Orderbook is a blockchain-based investment platform for tokenized shares that has been on the market for over five years. During this period, the platform has distributed tokenized stocks of such companies as Airbnb, Patreon, SpaceX, MetaMask, and many more.
Users of the Orderbook platform can buy tokenized stocks – digital assets that are backed by the actual shares of a particular company. However, unlike traditional stock, tokenized shares don’t cost a fortune, allowing investors to diversify their portfolio on a budget. The thing is that tokenized shares often represent a fraction of the real stock, which means that you can invest as much as $1 and get a profit.
Tokenized stocks offer a lot of other benefits for retail investors:
- Low entry price. As we’ve mentioned above, Orderbook users can buy tokenized shares for as much as $1.
- Accessibility. You can invest in different companies, including the ones at the growth or Pre-IPO stages.
- No middlemen. In contrast to the traditional stock market, you don’t need a broker or any other intermediary to buy tokenized shares. The whole process is managed automatically by smart contracts.
- Low expenses. No minimum order limit and very low fees due to full automation.
- Great speed. Tokenized stock transactions are near-instant, which helps users save a lot of time compared to traditional finance.
Here are step-by-step instructions on how to invest in Neuralink on Orderbook:
- Go to https://www.orderbook.io.
- Create an account if you don’t have one yet.
- Pass the obligatory KYC (Know Your Customer) procedure.
- Sign in to your account and buy tokenized shares of Neuralink or other companies offered on the platform.
The pros and cons of investing in Neuralink
So is investing in Neuralink such a great idea? The quick answer is yes. But let’s dig into the details.
Overall, the Neuralink Corporation is a very forward-looking company with plenty of innovative ideas and great minds behind the technology. Animal trials have shown that there are no obvious dangers of The Link chip, and patients experienced no discomfort, which is a promising result as well.
However, there is still a delay in human trials, and it seems like Elon Musk has exaggerated the potential of the technology. Even if it is as powerful as he claims, the final product will take years or maybe even decades to be completed and mass produced. Will it be popular? For sure. But the real question is how fast will this happen?
Luckily, the price of Neuralink shares does not depend only on product manufacture and distribution. We believe that as the company shows new results of the clinical trials, its stock will sky-rocket, and token holders will benefit no matter what.
The final word
Neuralink is an extremely promising company at the growth stage of development. It is a tech startup with a famous founder and CEO and a bright future, so we believe it is a worthy investment.
Even though nobody knows even the approximate dates of the official Neuralink Pre-IPO and IPO, investors can already buy the company’s tokenized stock on Orderbook. Tokenized shares are digital assets that are backed by the actual stocks of a particular company and bring many benefits, including low entry price, low expenses, and a high speed of the deal.
If you’d like to invest in Neuralink, you can do it on the Orderbook platform by getting tokenized shares of the company. Invest as little as $1 with no middlemen and benefit with tokenized stock!
Orderbook offerings are subject to regulatory restrictions and are not available for the residents of the United States, Japan, Singapore, and certain other countries.