Musk's Neuralink could fetch $8.5 billion valuation, Bloomberg News reports


Neuralink logo and Elon Musk silhouette are seen in this illustration taken, December 19, 2022. REUTERS/Dado Ruvic/Illustration

(Reuters) -Elon Musk's brain implant company Neuralink is planning to raise about $500 million at a pre-money valuation of $8.5 billion, Bloomberg News reported on Wednesday, citing people with knowledge of the matter.

The company has started preliminary discussions with potential investors, but terms of the funding round are not yet finalized, according to the report.

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