Neuralink’s 2022 Show & Tell is about to begin. The event is supposed to update the public on Neuralink’s progress and attract talent to the company.
Teslarati will be closely following the event. Please refresh this page for the latest coverage.
Tesla CEO Elon Musk recently posted about the event and hinted at an exciting update on Neuralink.
In the intro video of Neuralink’s Show and Tell event, Pager the monkey seems to be learning to type words with his mind.
Elon Musk enters the stage and welcomes everyone to the event. Wasting no time at all, Musk dives into Neuralink’s Show and Tell, starting with the company’s goals. Neuralink’s goal is to make a generalized I/O interface for the brain that could help people with debilitating conditions.
Musk hints that some of the topics covered during the event will reach an esoteric level. He reaffirms that Neuralink is confident that its device will help people suffering with brain injuries along the way to bridging the gap between computers and the human brain.
“We are confident that this point we will succeed at solving many brain injury issues spine injury issues along the way,” he said.
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Musk shows a video of Pager playing “Monkey Mind Pong.” The video was released about 18 months ago. The Tesla CEO emphasizes that Neuralink’s device is not outwardly obvious to others.
Pager initially learned to play Pong with a joystick. Neuralink later took the joystick away and had Pager play Pong with his mind though Neuralink’s device.
Human Trials
Musk reminds the audience that going from prototype to production is difficult and has many challenges. Neuralink has been working hard to start human trials. The company has submitted all the papers needed to start human trials to the FDA. Musk estimates that the first Neuralink device could be inside the human brain in 5-6 months.
Elon Musk emphasizes that Neuralink treats its animal subjects with respect. The company does extensive benchmark tests before implanting a Neuralink device into an animal.
Another Neuralink monkey, Sake, is typing with his brain. Sake spelled out the Neuralink event’s welcome tag: “Welcome to show and tell.”
Neuralink Upgradeability
Both Sake and Pager have successfully implanted with Neuralink’s upgraded device.
“Upgradeability is very important because our first production device will be much like an iPhone 1 and pretty sure you would not want an iPhone 1 stuck in your head if the iPhone 14 is available,” Elon Musk.
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Neuralink Application
Elon Musk says that Neuralink can restore vision, even on someone who was born blind. The company is also confident that the Neuralink device can restore full functionality to a severed spinal cord.
Recruitment
“If you have expertise in creating advanced devices, like watches and computers, then your abilities will be of great use in solving these problems,” Musk said.
Neuralink Implant and Surgical Robot
Elon Musk passes the baton to DJ, who has been at Neuralink since the beginning. DJ talks about creating a high bandwidth generalized interface to the brain. He talks about safety, scalability and access to brain regions, the three pillars to get high bandwidth generalized interface to the brain.
DJ talks about the Neuralink implant (the N1) with thin threads N1 implant is about the size of a quarter. It has 1,024 channels that are capable of recording and stimulating.
He also talks about Neuralink’s surgical robot (the R1 Robot) that will help implant the company’s device into the brain. Neuralink does a live demo of the R1 robot at work with dummy patient Alpha.
Neuralink has a double operating room (OR) in Austin. The company plans to establish its own clinic in the future.
“Neuralink’s been working closely with the FDA to get approval to launch its first clinical human trial in the US hopefully in the next 6 months,” noted DJ.
Neuralink Software
Neuralink has been working on improving cursor speed and accuracy since 2021. The speed and accuracy has improved, but Neuralink is still working on improving it. The company is also working on a mouse and keyboard interfaces to work with Neuralink N1.
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Neuralink is training monkeys to write so it can get rid of digital keyboards and increase the typing rate when patients use the N1 implant to write with their minds.
Neuralink N1 Charging
Neuralink has improved the battery of the N1 since its last event. The new charger is uses an Aluminum battery base with 6.78 MHz drive circuit for double the battery life.. Neuralink charges the N1 implant wirelessly.
Neuralink is working on a third generation charger with a bidirectional near field communication.
Neuralink N1 Development
N1 contains a small micro processor. Neuralink conducts hill tests on the N1. Testing became a bottleneck so the team created a new system, allowing it to rapidly test new hardware in the N1 implant, greatly accelerating its development.
Neuralink has developed its own system to rigorously test its implant designs.
R1 Robot Development
Nueralink’s R1 robot will help neurosurgeons implant the N1 chip. As the company continues to improve the R1 robot, it will perform more of the surgery. Neuralink developer, Christine, explained that the R1 robot could make the N1 implant surgery more affordable in the future.
Neuralink Next Generation Application
Dan explains the Neuralink’s potential capability to restore eyesight. Neuralink inserted the N1 into the visual cortex of two monkeys named Code and Dash. By observing Code and Dash, Neuralink can record the receptive fields of their visual fields.
“Our goal will be to turn the lights on for someone who spent decades living in the dark,” said Dan.
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After Dan, Joey comes up to talk about Neuralink’s application for people with severed spinal cords. Neuralink has conducted tests showing that it can stimulate movement in animals through multiple implants: the N1 in the brain and implants in the spinal cord.
Elon Musk comes back on stage joined by the Neuralink team to answer questions.
Question Round
Elon Musk states that Neuralink does plan to provide some of its research and technology to research universities and hospitals after receiving FDA approval.
Musk says that Neuralink would consider open-sourcing its data sets. The company could publish them on its website.
Neuralink is working on making the electrode of the N1 implant smaller to prevent scar tissue and inflammation response.
Elon Musk hints that the N1 chip might be able to detect health conditions or monitor people’s health status in the future.
Neuralink is focusing on improving the longevity of the N1 device’s threads at the moment. However, the company appears determined to continue improving the N1 implant with no end date in sight.
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Neuralink monkeys adapt and learn to utilize the N1 chip fairly quickly.
“Right now we’re just guessing at a lot about what’s going on in the brain. But if you have direct I/O, there’s no more guessing. What we will learn about the brain with such a device–in wide use–is many orders of magnitude than we currently understand,” Musk said, ending the Neuralink event on that note.
Below is the link to the livestream.
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SpaceX (NASDAQ: SPCX) reported a beat in revenues and EBITDA in its first earnings call report while also minimizing losses as its business continues to gain momentum.
After its IPO in July, SpaceX saw some tough losses on Wall Street due to a major selloff after a delay in its 13th Starship test flight. The ship launched later that week and completed what was arguably the most successful IFT operation in the Starship program’s history.
Nevertheless, the company is continuing on and reported some encouraging financials while also promoting what appears to be a robust outlook moving forward in its Space, AI, and Connectivity divisions.
SpaceX to report first-ever earnings today: here’s what to expect
Earnings Results
- Revenues: $7.8 billion reported vs. $6.7 billion expected
- Adjusted EBITDA: $3.5 billion vs. $2 billion expected
- Net loss of $541 million, an improvement of $467 million from net loss of $1.0 billion
Additionally, CFO Bret Johnsen had these comments:
“2026 has been a momentous year so far, and the second quarter demonstrated the true power of SpaceX. Revenue growth accelerated across all our business segments and we delivered strong operating leverage, with significant margin expansion led by our new AI compute agreements. Our unparalleled leadership in launch, Starlink subscriber growth, new enterprise and government partnerships, and best-in-class AI infrastructure underscore our ability to drive meaningful scale and deliver attractive returns. As a newly public company, we are delighted to welcome our broad base of shareholders and bondholders. We ended the second quarter with $100 billion of cash, cash equivalents, and marketable securities, and $47.5 billion in backlog. This financial strength gives us substantial capacity to invest in Starship, Starlink Broadband and Mobile satellites, and our AI platform, while maintaining a disciplined long-term capital allocation framework.”
Space Business Highlights
SpaceX shared some of its biggest Space Business Highlights for Q2:
- Space revenues grew 55% sequentially and 29% year-over-year to $962 million, driven by a higher number of large customer launches and a favorable customer shift compared to the prior year
- Total costs and expenses for the Space segment were up by $389 million year-over-year, as we continued to accelerate R&D investments in our Starship program, which we believe will reduce the cost to orbit by 99% or more relative to the historical average, and unlock significant revenue potential across all business segments
- Leading launch provider for the world with 78 launches and 1,041 metric tons of mass to orbit deployed over the six months ended June 30, 2026, primarily allocated to Connectivity for the deployment of our Starlink constellation
- Starship V3 development continued to advance towards full and rapid reusability:
- Completed Starship V3’s first suborbital mission in May, Flight 12, which achieved a successful lift off from our new Starbase pad, a precision landing of Starship’s upper stage, and deployment of modified V2 Starlink satellites
- Subsequent to the second quarter, completed Starship Flight 13 in July, which achieved all flight objectives including deploying 20 production V3 satellites, demonstrating in-space relight of a Raptor engine, and executing the softest ever splashdown of Starship, providing critical views of an intact heatshield
SpaceX will report its earnings today at 4:30 P.M. EDT.
Elon Musk issued a second pointed warning to SpaceX short sellers on Tuesday, just hours before the company was set to release its first quarterly earnings as a publicly traded firm. Responding to a report highlighting elevated short interest, Musk wrote on X: “I try to warn them, but they just double down …”
The comment came as data from S3 Partners showed roughly 95 percent of available SPCX shares to borrow were on loan, translating to about 34 percent short interest as a percentage of the float. The stock has traded under pressure since its record-breaking IPO in June 2026, declining significantly from early peaks.
I try to warn them, but they just double down … 🤷♂️
— Elon Musk (@elonmusk) August 4, 2026
This marks the second such message from Musk in under three weeks.
On July 17, amid post-IPO volatility, he stated: “The survival probability of firms who maintain a significant short position in SpaceX over time is very low.” At that time, SPCX had fallen roughly 30 percent from its peak above a $2.6 trillion valuation, with short sellers reportedly realizing gains of about $8.7 billion.
Musk’s warning aligned with optimistic analyses projecting that Starship-driven cost reductions could enable a multi-trillion-dollar space economy through applications such as orbital solar power, asteroid mining, data centers, and Mars-related projects, positioning SpaceX as critical infrastructure.
SpaceX is scheduled to report second-quarter results after the market close later today, followed by a webcast. Analysts anticipate revenue near $6.9 billion, reflecting growth in Starlink, launch services, and AI-related segments. The earnings release precedes a major lockup expiration on August 6 that could free hundreds of millions of insider shares.
Musk has a long track record of confronting short sellers, particularly regarding Tesla, where he has argued that persistent bearish positions underestimate transformative technologies. Critics view his optimism as overly ambitious given near-term stock fluctuations, while supporters see temporary dips as opportunities in a longer-term expansion of the space economy.
As SpaceX opens its books to public scrutiny for the first time, the high short interest and Musk’s repeated cautions set the stage for heightened market attention on the results and management’s commentary.
Tesla’s AI lead Ashok Elluswamy doubled down on the company’s strategy regarding Full Self-Driving’s speed settings, and owners are definitely confused.
Earlier versions of Full Self-Driving allowed owners to set a max speed that the vehicle could travel while operating under the semi-autonomous driver assistance platform. This allowed more customization for the driver, giving them the ability to experience FSD’s robust performance with their own personal preferences.
Speed is massively important for obvious reasons — it’s not only a question of keeping the vehicle occupants comfortable by traveling at a safe speed, but it’s also something that could contribute to a ticket or infraction from law enforcement.
With the release of FSD v14 last year, Tesla removed the ability to set a max speed and instead opted for five Speed Profiles, ranging from “Sloth,” the most conservative, to “Mad Max,” the most aggressive and spirited. These profiles not only control speed, but also how frequently the vehicle will execute passes, perform lane changes, and other contributing factors.
The removal of the Max Speed setting was a major complaint amongst the Tesla community because it left owners scrambling for a way to experience suitable behaviors while traveling at an appropriate speed. Most felt the driving profiles would be a good indicator of the behaviors, while speed would still be left up to the discretion of the driver.
Instead, Tesla’s Speed Profiles determine both, and the constant tinkering of how they behave has been a major bottleneck and point of confusion for both owners and the company. From update to update, the Speed Profiles will change, sometimes more drastically than others. Some owners have complained that the “Standard” profile is too fast, while others have experienced “Mad Max” traveling below the speed limit:
What has happened to Mad Max?
At one point it was going 32 in a 35. Traffic ahead had pulled away considerably https://t.co/bjKvaMVTNX pic.twitter.com/aaZSWmLu5v
— TESLARATI (@Teslarati) January 24, 2026
These things change with each update, but the big complaint is that owners are on the hook for any tickets that come from FSD’s infractions; that’s the caveat of the suite being named FSD (Supervised). It ultimately means the driver is responsible, and the automaker has no liability when it comes to speeding tickets or general traffic infractions.
It is the driver’s responsibility to take over or adjust based on this.
Elluswamy essentially confirmed that there are no plans to bring back Max Speed control, because it is what he referred to as “an anti pattern.” He then echoed something that CEO Elon Musk has started to really push with FSD, and that’s the idea that Tesla is really honing in on the preferences of the driver.
Max speed control is an anti pattern.
We are working on better learning of user’s implied preferences.
— Ashok Elluswamy (@aelluswamy) August 3, 2026
Owners were confused by Tesla’s decision, stating that there must be a better way, especially considering disengagements for incorrect speeds are common:
This…. is not the way
— Kyle Conner (@itskyleconner) August 4, 2026
😭 I appreciate this mentality ! But currently the no.1 reason I disengage in Australia is incorrect speed zones.
— Ryan’s Model Y (@ryanjaycowan) August 3, 2026
This is fine but you need to start accepting liability for speeding tickets then. https://t.co/lyCgdA83gQ
— Jeremy Judkins (@jeremyjudkins_) August 4, 2026
Okay https://t.co/nOvoXQkNg1 pic.twitter.com/jGRtF2xtox
— Chad Moran (@ChadMoran) August 3, 2026
From personal experience and using FSD for over 72 percent of my driving miles since v14 was released late last year, I make Speed Profile adjustments constantly. If FSD is traveling a tad too quickly, I will scale it back, and if it’s too conservative, I’ll make it more aggressive.
I don’t complain about making the Speed Profile changes too frequently, but it would certainly be nice to have it happen less frequently. There are far too many times I am concerned about getting a ticket, even in Standard mode.
The biggest issue for me, personally, which seems to be echoed throughout the community, is the fact that Tesla’s goal is to minimize disengagements. Many drivers are stating that speed is a major reason for disengagements.
However, Tesla is not willing to bring back this one level of input because it would technically be a regression.
Whether it’s right or wrong in your opinion, it is what Tesla is going with, and it seems like it has pivoted quite a bit from its other strategies for minimizing interventions by pushing its AI to behave in a way that would fit the occupant’s personal preferences.
SpaceX reports beat in first earnings while minimizing losses
Elon Musk sends second warning to SpaceX shorts ahead of first earnings
