Key Points
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The Boring Company is raising $4 billion at a $20 billion valuation as it prepares to expand its Las Vegas Loop to the airport, significantly up from a $5.7 billion valuation in 2022.
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Neuralink has implanted its brain-computer interface in 21 patients and aims for $1 billion in annual revenue by 2031, pending FDA approval.
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Elon Musk acquired APR Energy for over $1 billion, targeting the data center market with rapid power solutions.
The Boring Company plans to expand its Las Vegas Loop, which has transported over 4 million passengers across 11 stations, to include Harry Reid International Airport. This expansion is expected to increase annual ridership from 1 million to between 5 million and 10 million.
Neuralink’s brain-computer interface has enrolled 21 patients, demonstrating significant progress as it seeks FDA approval to commercialize its technology. Musk’s acquisition of APR Energy, which services over 35 countries, positions him to address immediate power needs for data centers awaiting grid connections.
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