Elon Musk’s latest business venture has just taken a huge step.
Elon Musk has had many business endeavors.
Zip 2
In 1995, Elon, his brother Kimbal, and their friend Greg Kouri founded the company—initially named Global Link—which provided maps and business directories to online publications.
The first X.com
In 1999, he joined forces with Harris Fricker, Christopher Payne, and Ed Ho to create an online bank. After Elon was removed as CEO the following year, Peter Thiel took over and turned it into what is now known as PayPal.
Space X
In 2002, Elon founded the spacecraft manufacturing company with the goal of colonizing Mars and making space travel more accessible.
Starlink
In 2015, SpaceX began operating Starlink, a satellite internet constellation.
Tesla
Elon didn’t found his most popular brand. Instead, he started out in 2004 as the chairman of the board of directors and became the largest shareholder of the company. He became its CEO four years later in 2008.
SolarCity
In 2016, Tesla acquired Elon’s cousins Peter and Lydon Rive, which provides solar power systems.
The Boring Company
In 2017, Elon founded this company to provide tunnel construction services and equipment.
Twitter—now known as X
In April 2023, Elon officially became the owner of Twitter, renaming it X.
But none of these have caused more controversy than Neuralink.
Neuralink’s origins
Founded in 2016 with a team of scientists and engineers, Neuralink is a neurotechnological company that aimed to treat brain diseases and enhance human function.
“A Fitbit for your skull”
In Aug. 2020, Elon gave a product update streamed on YouTube, revealing details of his plans for Neuralink. He announced that the company was working on a brain implant, which would work similarly to a Fitbit, but it would be implanted in your cranium.
The monkey trials
Before it was announced to the public, the implant was tested on monkeys from 2017 until 2020.
The monkey trials reportedly went awry.
In Dec. 2022, the PCRM (Physicians Committee for Responsible Medicine) filed a complaint with the USDA against Neuralink for violating the Animal Welfare Act with its experiments. According to Reuters, the report alleged that the company killed over 1,500 animals during the testing period.
Elon Musk unwaveringly stood by Neuralink after the monkeys trial.
On Sept. 10, he tweeted, “No monkey has died as a result of a Neuralink implant.
First our early implants, to minimize risk to healthy monkeys, we chose terminal moneys [sic] (close to death already).”
New allegations of animal abuse came out in Sept. 2023
Veterinary reports obtained by WIRED detailed the many ways that the experiment allegedly harmed the monkeys, including bacterial infections and loss of body coordination.
Despite issues in the animal trials, in Jan. 2022, it was plans of a clinical trial on humans were announced.
Neuralink put out a job ad looking for a clinical trial director.
Neuralink’s human trials were given the green light in May 2023.
The FDA approved the clinical trials after initially rejecting an application to start them in 2022.
The PRIME Study
In Sept., the company announced The PRIME Study. It was described by Neuralink as “a groundbreaking investigational medical device trial for our fully-implantable, wireless brain-computer interface (BCI) – aims to evaluate the safety of our implant and surgical robot, and assess the initial functionality of our BCI for enabling people with quadriplegia to control external devices with their thoughts.”
Neuralink also has controversial qualifications for its human trial volunteers.
The site notes that those interested in volunteer qualify if they’re a United States who “is at least 18 years old and the age of majority in their state, who is able to consent, and who has quadriplegia, paraplegia, vision loss, hearing loss, the inability to speak, and/or major limb amputation (affecting above or below the elbow and/or above or below the knee).”
Surprisingly, it received many volunteering applicants.
Bloomberg reported on Nov. 7 that thousands of people applied to test out the brain implants.
Despite its controversial concept, Neuralink has raised a significant number of funds.
According to a report from TechCrunch published on Nov. 25, the company recently received $43 million from billionaire investor Peter Thiel’s Founders Fund. A total of 32 investors contributed to the hefty funds.
Neuralink has raised over $100 million so far.
The total number is more than $323 million.
This week, Musk announced that his ambitious plan to let humans wirelessly connect their brains to phones and other devices has taken a big step
Elon revealed that the first human has received a brain implant from his Neuralink company.
The person, who wasn’t identified, “is recovering well,” according to a tweet from Musk via X.
“Initial results show promising neuron spike detection,” he added, referring to the cellular activity between our brains and our nervous systems.
The news comes just a couple months after Neuralink began recruiting potential human test subjects for its clinical trial.
Neuralink says its implant procedure employs custom-made microscopic needles.
In Oct., the alt-pop singer sued Elon for physical custody of their children.
As the company said last October, “The tip is only 10 to 12 microns in width — only slightly larger than the diameter of a red blood cell.
“The small size allows threads to be inserted with minimal damage to the cortex.”
The goal of the PRIME trial, the company said in a promotional video, is to place “a small cosmetically invisible implant in a part of your brain that plans movement.”