Whatsapp Facebook Twitter Billionaire Elon Reeve Musk, till early November, was known for expanding his ever-growing business empire, but after the 2024 US presidential election, he has more responsibilities on his shoulders as he officially debuts in America’s politics, with Donald Trump winning a second term at the White House Neuralink Musk founded Neuralink, a neurotechnology startup in 2016, that has captured the interest of people because of its futuristic vision of connecting the human brain to computers. Neuralink was granted clearance in May 2023 by the US Food and Drug Administration to run the first human trials of its brain implant. Two human clinical trial participants received the Neuralink implant as of August 2024. Neuralink is privately held and its stock isn’t accessible to everyone as it is yet to go public. As a privately held business, Neuralink’s financial information is kept under wraps. However, it was reportedly valued at around $8 billion in July 2024. Advertisement In August, Musk shared that Neuralink had implanted a brain chip into its second clinical trial patient, who is paralyzed following a spinal cord injury from a diving accident. The Boring Company Musk founded The Boring Company in 2016 with a mission to solve traffic, enable rapid point-to-point transportation, and transform cities. The Boring Company was valued approximately $5.7 billion. The big proposition of this company is that it can make tunneling cheap and fast through the latest and advanced technologies. The Boring company’s first project was in February 2017. It has so far completed several projects, including the R&D Tunnel, the Hyperloop Test Track and the Las Vegas Convention Center. It was also working on a 68-mile Vegas Loop station which will connect Las Vegas and Los Angeles. xAI In 2023, Musk announced a new artificial intelligence company, xAI, possibly to compete with companies like OpenAI (which Musk co-founded but left in 2018), Google and Anthropic, which are behind leading chatbots like ChatGPT, Bard and Claude. Musk’s goal with the xAI announcement was to “understand the true nature of the universe.” As per CNBC TV18, Generative AI startup xAI is raising up to $6 billion at a $50 billion valuation. In November last year, xAI released an artificial intelligence-powered chatbot - Grok, which, as per the company, was modelled after “The Hitchhiker’s Guide to the Galaxy”. The chatbot debuted with two months of training and had real-time knowledge of the internet. According to a report by US publication TechCrunch, xAI is piloting a free trial of Grok with some users in specific regions discovering the access to free version on X. Currently, Grok AI is exclusive to X Premium and Premium Plus subscribers. Not just these, Musk was founder or a co-founder of a few other companies. Musk’s past companies