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Elon Musk No Longer the Richest Man in the World – See The New Title Holder

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Elon Musk No Longer the Richest Man in the World – See The New Title Holder

After selling Tesla shares to pay for the $44 billion acquisition of Twitter, Americans’ richest entrepreneur Elon Musk has lost his position as the richest person in the world.

With a personal net worth of $185.4 billion, chief executive of LVMH, the parent company of luxury brand Louis Vuitton, Bernard Arnault, and his family were named the world’s wealthiest people by Forbes.

Since September 2021, Musk has held the top spot on the Forbes list of the world’s richest persons with a net worth of $185.3 billion.

In early trading on December 7th, shares of Tesla decreased by nearly 4%.

Elon Musk’s brain chip, which allows disabled people to move, see, and communicate once more, will be tested on people in six months.

The forbes richest man in the world, Elon Musk, has stated that he anticipates human clinical trials for a wireless brain chip built by his business Neuralink to start in six months.

The business is working on brain chip interfaces that, according to Musk, might help crippled people move and speak once again.

The chip will also focus on eyesight restoration, Musk continued.

In order to start clinical trials in people, Neuralink has recently begun testing its products on animals while applying for FDA permission.

Musk stressed the speed at which the business is creating its product during a nearly three-hour presentation to a group of invited guests on November 30 at the Neuralink headquarters.

Elon Musk No Longer the Richest Man in the World - See The New Title Holder
Elon Musk

“The progress at first, particularly as it applies to humans, will seem perhaps agonizingly slow, but we are doing all of the things to bring it to scale in parallel,” he sai.

“So, in theory, progress should be exponential.”

“We want to be extremely careful and certain that it will work well before putting a device into a human,”

The Neuralink device will first be used on humans to restore vision and allow those who are unable to move their muscles to do so.

“Even if someone has never had vision, ever, like they were born blind, we believe we can still restore vision,” Musk said.

More than a year ago, Neuralink showed a monkey with a brain chip using only its thoughts to play a computer game.

Musk, the CEO of Tesla (TSLA.O), SpaceX, and Twitter, has previously discussed his lofty aspirations, including conquering Mars and preserving mankind.

According to him, the neuralink chip will enable the brain to operate intricate electrical equipment, eventually restoring motor function to paralyzed persons and treating brain disorders like Parkinson’s, dementia, and Alzheimer’s. He has also mentioned combining artificial intelligence with the brain.

 

Elon Musk No Longer the Richest Man in the World – See The New Title Holder Elon Musk No Longer the Richest Man in the World – See The New Title Holder Elon Musk No Longer the Richest Man in the World – See The New Title Holder Elon Musk No Longer the Richest Man in the World – See The New Title Holder Elon Musk No Longer the Richest Man in the World – See The New Title Holder

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Zack popularly known as The Hatman, is a song writer, blogger, teacher and a business man. Zack is the CEO of Wordswar Technology & Investment, and the owner of Ghanalegendary.com and has passion for blogging just about every interesting topic. Get in touch with the number one Ghanaian promoter on +233244047835 or +233246187160

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