Neuralink Targets $1 Billion Revenue by 2031, Bloomberg News Reports
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11 Articles
Neuralink targets $1 billion revenue by 2031, Bloomberg News reports
(Reuters) -Elon Musk’s brain implant company Neuralink aims to generate at least $1 billion in annual revenue by 2031, driven by plans to perform 20,000 surgeries per year, Bloomberg News reported on Wednesday, citing investor documents. The company aims to operate five large clinics within six years and offer three versions of its brain device, including Telepathy for communication between the brain and machines, Blindsight for restoring vision…
Neuralink Sees $1 Billion of Revenue by 2031 in Vast Expansion
Elon Musk’s brain implant company Neuralink Corp. expects to put its chips in 20,000 people a year by 2031, generating at least $1 billion in annual revenue, in a major ramp up of its work to treat disease and gain unprecedented access to the human mind, according to documents reviewed by Bloomberg.
The world’s richest man’s neurotechnology company plans to operate in five of its own clinics. Its catalog would offer three versions of its developing chip and US$1 billion a year in revenue. Read more
Elon Musk’s Neuralink Aims to Implant Brain Chips for 20,000 People by 2031, Earning $1 Billion Annually
Elon Musk’s Neuralink aims high with ambitious plans for brain-computer interface technology, targeting a significant impact in the coming decade. The company envisions implanting neural chips in 20,000 people annually by 2031, marking a substantial stride toward mainstream adoption of the cutting-edge technology. This expansion could generate up to $1 billion in revenue a year, reflecting Neuralink’s ambitions not only to revolutionize medical …
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