Reported about 19 hours ago
Elon Musk's brain implant startup, Neuralink, has identified itself as a 'small disadvantaged business' to the federal government, despite Musk's wealth of $364 billion and the company being valued at $9 billion. This designation is generally reserved for businesses majority-owned by individuals from socially or economically disadvantaged backgrounds, and typically excludes those with a net worth exceeding $850,000. Neuralink's status has raised questions, particularly as the company looks to benefit from federal contracts aimed at promoting diversity and supporting smaller enterprises.
Source: YAHOO