Neuralink valuation and stock price
Neuralink is a private company, so its price is set by funding rounds and by private trades between shareholders. Its last funding round valued it at $9 billion in June 2025, and private trades in 2026 have priced it at up to about $47 billion.
By Ryan Tanaka, host of Neura Pod. Updated October 2026.
Neuralink's funding and price history
Neuralink has raised money in priced rounds, where the company sells new shares to investors at a set price. Between rounds, employees and early backers sell existing shares to new buyers on private markets, and those trades show where the price has moved since. Trading volume is thin, so a private trade is a weaker signal than a priced round.
| Date | Event | Raised | Company value | Source |
|---|---|---|---|---|
| July 2021 | Series C, led by Vy Capital | $205M | About $2B | Entrepreneur; value from PitchBook via Reuters |
| June 2023 | Private trades between shareholders | None | About $5B | Reuters via CNBC |
| August and November 2023 | Series D, led by Founders Fund: $280M in August, extended by $43M in November | $323M | About $3.5B | TechCrunch; value from Reuters |
| July 2024 | Private trades, with some buyers offering up to $50 a share | None | Up to about $8B | Reuters via BusinessDay |
| June 2025 | Series E, with ARK Invest, Founders Fund, Sequoia Capital, Thrive Capital, and others | $650M | $9B before the new money | Neuralink; Semafor; TechCrunch |
| July 2026 | Private trades tracked by Caplight, a firm that follows private-company share sales | None | $29B to $42B | Business Insider |
| September 2026 | Nasdaq Private Market price of $245.44 a share | None | About $47B | Nasdaq Private Market; Neura Pod estimate |
The $47 billion figure multiplies the September 22, 2026 Nasdaq Private Market price by about 191 million shares, the count implied by the Series E price. Neuralink has not published that share count or any valuation since the Series E.
Ryan's $1 trillion prediction
On July 1, 2025, a month after the Series E, Ryan posted a prediction for the next 12 to 13 years: 1,000,000 people with a Neuralink implant, 50,000 employees, and a $1 trillion company. Neuralink was valued at about $9 billion that day.
Right now, the company employs ~500 people, is valued at ~$9 billion, and has a 1,024 channel device that can read neurons. I predict in 12-13 years, the company will have implanted in 1,000,000 people, employ 50,000 people, have a valuation of $1 trillion, and have a larger 1,000,000 channel device that can read and stimulate neurons.
— Neura Pod (@NeuraPod) July 1, 2025
Neuralink's value in 2037 under three scenarios
Neura Pod's premium valuation model turns that prediction into numbers. Its base case reaches $1 trillion at the end of 2037, and its bear and bull cases bracket it.
Neuralink's modeled value at the end of 2037
Bear case $482 billion, base case $1.00 trillion, and bull case $1.79 trillion, in US dollars
Show the chart as a table
| Scenario | Value |
|---|---|
| Bear | $482 billion |
| Base | $1.00 trillion |
| Bull | $1.79 trillion |
How the model works
The model values Neuralink as a group of businesses: implants and surgery, the software patients subscribe to after their implant, and new products built from the brain data its implants collect. Each business gets its own forecast of users, prices, and margins through 2037, a valuation multiple that fits how it earns money, and a probability of success for the products Neuralink has not announced. The bear and bull cases run the same businesses on a slower and a faster schedule, and a 10,000-run simulation tests how far the result moves when every assumption changes at once.
Neuralink valuation FAQ
Can you buy Neuralink stock?
You cannot buy Neuralink stock on a stock exchange. Neuralink is a private company with no ticker symbol, and it has not announced a public listing. Its shares change hands only in private sales between existing shareholders and accredited investors (people who meet US income or wealth thresholds), arranged through platforms such as Nasdaq Private Market and Forge Global. Any public offer of "Neuralink stock" is a warning sign of a scam. Ryan covers the question in a Neura Pod video.
What is Neuralink worth?
Neuralink's last priced funding round, the $650 million Series E in June 2025, valued it at $9 billion before the new money. Private trades have priced it much higher since. Business Insider reported trades between $29 billion and $42 billion in July 2026, and the September 2026 Nasdaq Private Market price of $245.44 a share works out to about $47 billion by Neura Pod's estimate. Neuralink has not published a valuation since the Series E.
Who owns Neuralink?
Neuralink is privately held and does not publish a list of its shareholders. Elon Musk cofounded the company in 2016 and is its best-known backer. Its other owners include employees and the investors in its funding rounds: Vy Capital led the 2021 Series C, Founders Fund led the 2023 Series D, and the 2025 Series E included ARK Invest, Founders Fund, Sequoia Capital, Thrive Capital, and others.
Sources
- Neuralink, Series E announcement, June 2, 2025
- Semafor, Series E at $9 billion before the new cash, May 27, 2025
- TechCrunch, Series E investors, June 2, 2025
- Business Insider, private trades up to $42 billion, July 21, 2026
- Nasdaq Private Market, Neuralink price, September 22, 2026
- Reuters, 2024 private trades and the $3.5 billion Series D value, July 23, 2024
- TechCrunch, Series D extended to $323 million, November 25, 2023
- Reuters via CNBC, Neuralink valued at about $5 billion, June 5, 2023
- Entrepreneur, $205 million Series C, July 2021
- Neura Pod on X, the $1 trillion prediction, July 1, 2025
This page is not investment advice. The 2037 values come from an illustrative model, and private-market prices are trades between shareholders that Neuralink has not confirmed.
Neura Pod is independent and not affiliated with Neuralink Corp. Ryan Tanaka may have an equity stake in Tesla, Neuralink, or any of Elon Musk's companies. See the disclosures for details.