How to Invest in Neuralink Stock: Everything You Need to Know

Tech investors and mainstream financial media analysts have given Elon Musk's newest venture, Neuralink, a tonne of attention. Can you purchase Neuralink shares, though?

The giant in artificial intelligence is potentially one of the Best Undervalued Stocks of All Time. Therefore it's an excellent question to pose.

Neuralink is creating a functional brain-machine interface that will enable users to operate a computer or mobile device using an app remotely. The Neuralink team is developing an implant called "the Link" that will transmit and process neural impulses in order to do this.

Other businesses are developing similar interfaces, but Neuralink asserts that theirs is far more advanced than anything the rivals are working on. Investors are therefore looking forward to the day Neuralink announces the date of its stock IPO.

Undoubtedly, one of the most outstanding innovators of our time is Elon Musk. Tesla, SpaceX, and The Boring Company are just a few of the innovative tech businesses Musk has founded. He has, however, expanded his diversification even more by bringing different businesses under his control, such as Neuralink. 

Neuralink aims to reimagine how humans communicate with technology and one another through implantable brain-machine interfaces.

Investors are eager to get involved since this ground-breaking technology has the potential to transform how we live our daily lives.

Elon Musk's newest venture, Neuralink, has attracted a lot of interest from investors and conventional financial experts. As a result, Neuralink is attracting a lot of interest from investors. But is it possible to purchase Neuralink stock?

Since Neuralink is not yet a publicly traded firm, it is not currently possible to purchase Neuralink stocks. With a $100 million investment, Elon Musk is currently the largest investor in Neuralink. Craft Ventures, DFJ Growth, Dreamers VC, Future Ventures, and Valor Equity Partners are additional Neuralink investors. Therefore, you will be eligible to purchase Neuralink's equities in the event of a potential IPO.

Additionally, in this article, you will get to know how to invest in Neuralink.

What Is Neuralink?

The neurotechnology firm Neuralink Corporation aims to create extremely high bandwidth brain-machine interfaces that will link the human brain and computer. Elon Musk founded this business in 2016 and made its first public announcement in March 2017. A neurological technology business called Neuralink, which seeks to implant wires in people's brains, is Elon Musk's strange side project, according to Business Insider. While he established the general-purpose research group OpenAI, Neuralink's objective is to create AI-enabled gadgets that can communicate with people's brains.

Neuralink's main objective is to "develop ultra-high bandwidth brain-machine interfaces to connect people and computers."

Electrodes are woven into tiny, flexible threads that make up the Link. The electrical signals are captured by these electrodes that neurons in the brain use to communicate with one another. A neurosurgeon cannot insert the Threads of the Link because they are too little. To work around this issue, Neuralink is developing a robotic device to implant the Link.

From the initial incision to the final seal, the robotic system will manage the entire treatment. With nearly a thousand information channels, more than any other BMI, it will be able to implant the Link into the parts of the brain that regulate movement.

The user will be able to connect with an iOS smartphone, a keyboard, or a mouse by using a Neuralink app once the Link is installed. The app will have instructional tutorials to help consumers learn how to use the system. The Link will fit flush with the skull and is about the size of a large coin. An inductively charged battery powers the Link.

Elon Musk predicted that the Link is so advanced that it would one day be able to treat conditions including blindness, deafness, depression, paralysis, and other brain abnormalities in August 2020. He claimed that The Link would constantly update itself by interacting with artificial intelligence.

Can I Buy Neuralink Stock?

The stock of Neuralink is not currently traded openly on the stock exchange.

As a result, retail traders are unable to add shares to their portfolios.

According to funding records and past funding rounds, the company is worth more than $500 million in terms of money.

The benefits to society could be deemed priceless if Neuralink successfully resolves some of the challenging medical issues it describes in its patents.

The annual income of Neuralink is about $17 million.

Neuralink intends to use its chip interface to treat dementia and other illnesses like brain trauma.

Consumers should eventually have access to the chip for connecting to smartphones and other IoT devices.

Neuralink has the potential to be successful because it is a leader in a variety of technological and scientific fields.

While some businesses have made strides with neural signals, none have invested the same amount of time or money in neurological integrations.

Investor interest will be piqued when the brain and artificial intelligence collide.

Simply put, Neuralink is the first firm in its field, and it may be well-positioned to prosper.

The company's present valuation of more than $500 million serves as an illustration of its success.

That's astounding for a business that isn't even five years old and hasn't released a product.

Investors eagerly anticipate this company's initial public offering (IPO), but there is currently no information about a scheduled date.

Also, there are no indications that the business has submitted any documentation to the Securities Exchange Commission (SEC).

What Is Neuralink's Purpose?

Neuralink's declared mission is to assist those who have physical paralysis or poor brain function. A user can browse the web as swiftly as anyone else and converses via text or speech synthesis. Neuralink thinks that eventually, everyone will want to use the technology as people become more accustomed to the concept of implants. Musk appears to be saying that everyone will require this technology to stay up with the development of artificial intelligence.

Artificial intelligence's initial response

Musk is afraid of AI and considers it to be a serious threat to human autonomy. He believes that Neuralink is a tool that all of humanity will need to employ. The company's future value will be priceless if Musk is correct, even though this could seem like science fiction. Neuralink will serve those who want the gadget merely to improve their use of computer technology once it has supplied its major market—those who require it. The market for Neuralink grows as more people use the Link.

Simple and inexpensive

There may be no end to this secondary market. Neuralink wants to make mobile phones and the Link equally commonplace. Despite the fact that many people could rightly be wary to get a brain implant, skeptics will eventually change their minds when the operation becomes common and clearly safe. Similar to how many people's mobile phones have become indispensable, almost everyone will come to rely on the Link.

In addition to the $200–$300 for the hardware, the implant operation will cost about $5,000. Even though this price might seem a bit high, if the Link becomes as essential as a car, people will pay for it. General anaesthesia is not necessary or an overnight hospital stay, and the surgery will last around an hour. A little, barely perceptible scar will remain after the surgery. Musk wants to create a robotic system that can function independently without a trained professional's assistance.

Achievements

In addition to the hardware costs of $200–$300, the implant operation will cost about $5,000. People will pay the price if the Link becomes as essential as a car, despite the price seeming a little high. General anesthesia or an overnight hospital stay is not necessary for the surgical operation, which will last around an hour. A little scar from the operation will be left behind. Musk wants to create an automated robotic system that can function without assistance from a professional.

Electronic equipment can be controlled by brainwaves, as demonstrated by BrainGate. In the 1990s, a company by the name of Neuro Control performed ground-breaking research in this area using an external system. Still, it ultimately failed because it was unable to control its expenditures. Its units each cost $60,000. Additionally, there weren't enough clients to keep the business afloat. Due to its demise, customers who had purchased its equipment were left without any technical help.

Laser eye surgery is the model that Neuralink is using. Prior to recently, the majority of individuals would have rejected laser eye surgery, but it is now a common treatment for numerous illnesses. It gets more cost-effective as economies of scale take effect.

When Will Neuralink Go Public?

Elon Musk doesn't currently have any plans for a Neuralink initial public offering, so if you intend to invest in Neuralink stocks, you will need to wait. Therefore, there is very little likelihood that Neuralink will go public as long as Elon Musk is involved.

Neuralink has not yet begun its public funding round. On Orderbook, consumers can currently trade the company's tokenized stock. Digital assets backed by Neuralink's actual shares 1:1 are known as tokenized or tokenized stocks.

When Neuralink is accessible to the general public is unknown. Due to all the scientific and financial obstacles the corporation must overcome in order to achieve some level of success; it is unclear even IF it will ever be made available. Elon Musk has suggested that he would begin supplying human brains with speedier input in 2018 (via Neuralink chips) (he said this in 2017). But surprise, nobody I know is considering getting a brain chip implant in 2019. However, it's possible that this is already being done. The public is unaware of it because Neuralink wishes to keep its study a secret and the data of its volunteers secure within the corporation.

Should You Buy Neuralink if It Goes Public?

If Neuralink goes public, investing in the company might be a good investment. No other businesses have the same level of resources accessible to innovate in this industry.

Neuralink's share price, presuming it is a public business, might be extraordinarily high if it can realize its vision.

You cannot purchase Neuralink equities because it is not a publicly traded firm, but you can invest in them. Investors will be able to buy Neuralink's stocks and make financial investments in them if the company goes public. Though indirectly, you might be able to invest in Neuralink up until that time.

Stocks of a business that has previously invested in Neuralink may be purchased. You can indirectly invest in Neuralink in this way. For instance, Alphabet Inc., a publicly-traded business, took part in Neuralink's most recent round of funding. Consequently, you can purchase Alphabet Inc. stock. Alphabet Inc.'s most recent share price was $2,877.82.

Or, you could put money into one of Elon Musk's other businesses. Elon Musk heavily relies on his assets to support his other businesses, which you should be aware of. So, since Tesla is a publicly-traded corporation, you can invest in it. Tesla stock traded at $1,160 per share, and the firm was estimated to be worth $1 trillion. However, because SpaceX is still a privately held firm, you cannot invest in it.

The Pros and Cons of Investing in Neuralink 

I would cautiously say yes if you were considering investing in Neuralink, leaving aside the apparent disadvantage that there are no shares on offer. You might think Elon Musk is being reckless and exaggerating the capabilities of Neuralink by saying it would work miracles. This could be accurate.

It will take years to try to figure out how to treat depression, for example, and the Link might not be able to do it. Even if Neuralink's method falls short of expectations in the medical community, the business might still create an implant that users will want to use to connect with their gadgets. The robotic surgery technology and Musk's team's experience may have different uses.

Animal trials on monkeys and pigs have demonstrated the effectiveness of the Link and the lack of discomfort experienced by the animals. Neuralink will probably be a smart investment if the chance to do so arises, even if it turns out to have more limited uses than Elon Musk anticipates.

Neuralink Competitors to Invest in

Even though you are unable to buy Neuralink shares right now, there is a bright side. Other businesses use elements of the same technology but don't offer a comprehensive solution like Neuralink. You can invest in the following rival stocks currently on the market.

Biogen, Inc. (NASDAQ: BIIB)

Another sizable business focusing on treating neurological diseases for patients is Biogen. The company continues to advance neurological treatment even though it is not developing brain-machine interfaces.

In the near future, Neuralink wants to accomplish this. Biogen, established in 1978, has recently been focusing on patient therapy for Alzheimer's. One such medication, which the business has patented, has been administered to patients in the United States.

The medication aids in lowering brain plaques that have a major negative impact on Alzheimer's patients. The company made $13.4 billion in 2020, according to data that was made public.

Amgen, Inc. (NASDAQ: AMGN)

California-based biopharmaceutical business Amgen was established in 1980. The business has achieved strides in chemistry and molecular biology.

Amgen's current objective is to deliver healthcare through recombinant DNA technology. The business employed over 5,100 employees as of 2017.

As a result, they are Ventura County, California's largest employer. Its status as one of the biggest independent biotechnology enterprises in the world is a further bonus. The business generated over $25 billion in revenue in 2020, an increase from previous years. Amgen keeps finding new treatments and treatments for those with chronic illnesses. 

NVIDIA Corporation (NASDAQ: NVDA)

You can't go wrong with NVIDIA if you want to invest in artificial intelligence rather than medical sciences. Top largest tech firms in the global provides services to numerous areas.

Notably, it's very well-liked in the gaming sector, giving consumers access to GPUs and portable gaming equipment. It also manufactures microchips for car systems in addition to this sector.

NVIDIA has made progress in supercomputing by entering the artificial intelligence sector in recent years. The business has developed deep learning machines with the use of their GPUs, helping many businesses apply AI.

NVIDIA's revenue for 2020 decreased as a result of supply chain problems. The firm's annual revenue was a little over $10 billion. But their total asset value increased, which is always a positive indicator.

The Bottom Line

Elon Musk is confident in his business and has the ability to recruit top experts to work on his initiatives. Their vision drives SpaceX and Tesla, but there is no reason to think Neuralink will benefit from his enthusiastic leadership. However, we do not need to be concerned about these dangers when investing. There is no Neuralink stock IPO date and no indication that one will happen soon.