After Leaving DOGE, Elon Musk’s Neuralink and xAI Accelerate Fundraising Efforts
Elon Musk’s Neuralink: Elon Musk is back to doing what he does best — building the future. Just days after stepping away from his controversial government role with the Department of Government Efficiency (DOGE), Musk is wasting no time refocusing on his groundbreaking ventures, including Elon Musk’s Neuralink and xAI. Both companies have kicked off major fundraising efforts that hint at bold plans ahead.
Neuralink’s Breakthrough Funded as Musk’s xAI Pursues MASSIVE Debt Financing
Elon Musk’s Neuralink, his brain-implant company, announced a $650 million Series E funding round on Monday — one of the largest ever in the brain-computer interface (BCI) space. Top-tier investors like Sequoia Capital, Thrive Capital, Founders Fund, Lightspeed Venture Partners, and Cathie Wood’s Ark Invest are backing the move.
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This comes less than two years after Elon Musk’s Neuralink raised $280 million in its previous round. Since then, the company has made major progress — including implanting its N1 device in five individuals with severe paralysis, who can now control devices with their thoughts. That’s not sci-fi anymore — it’s here.
The company is also expanding global clinical trials and exploring new frontiers through its latest program, Project CONVOY, aimed at broadening the technology’s real-world applications.
Meanwhile, Musk’s AI startup xAI is taking a different funding route. According to Bloomberg, the company is working with Morgan Stanley to raise up to $5 billion in debt, with reported interest already hitting $3.5 billion. The funds will go toward building a state-of-the-art data center in Memphis, the heart of Musk’s vision for powering the next generation of AI systems.
Musk’s quiet exit from DOGE now looks more like a strategic pivot than a step back. With fresh capital and focus, he’s doubling down on what he does best: pushing tech boundaries. Elon Musk’s Neuralink is aiming to unlock the human brain, while xAI looks to redefine intelligence as we know it.
Of course, the competition is heating up. Paradromics and Synchron — the latter now collaborating with Apple — are also making headlines in the BCI world. But Elon Musk’s Neuralink’s latest round and working implants give it a serious edge.
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