The filing states that $26.9m has been raised, with a total offering amount of $100m. Musk insisted the company was not looking for outside investors, which some have suggested might mean the billionaire is planning on footing the rest of the bill himself.
Although Musk has been adamant that Neuralink is not looking for further funding, Bloomberg has reported that he “has taken steps to sell as much as $100 million in stock to fund the development”.
What Musk hopes to achieve with the start-up is largely shrouded in mystery, but its overarching mission appears to be to connect the human mind with computer technology. Musk has said he believes Neuralink’s work will be crucial to ensuring the survival of humanity amid advancements in artificial intelligence.
- The Independent