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Neuralink's valuation has surged in just over a year. Here's what's driving the frenzy.

Summary by Business Insider
Neuralink cofounder Elon Musk.Fabrice COFFRINI / AFP via Getty ImagesInvestors are valuing the brain chip startup Neuralink at $42 billion in secondary markets.Neuralink was last valued at $9 billion in a funding round over a year ago.Since then, Musk has led a blockbuster SpaceX IPO, which is now worth $1.7 trillion.Demand for a piece of anything related to Elon Musk is booming.The near-trillionaire's brain chip startup, Neuralink, is being val…

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Business Insider broke the news in New York, United States on Tuesday, July 21, 2026.
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