The tech CEO’s Neuralink was valued by investors at $9 billion shortly after it described itself as a small business in a federal filing.
Elon Musk’s health tech company Neuralink labeled itself a “small disadvantaged business” in a federal filing with the U.S. Small Business Administration, shortly before a financing round valued the company at $9 billion.
According to the SBA’s website, a designation of SDB means a company is at least 51% owned and controlled by one or more “disadvantaged” persons who must be “socially disadvantaged and economically disadvantaged.” An SDB designation can also help a business “gain preferential access to federal procurement opportunities,” the SBA website says.
The Department of Justice has previously fined companies for making false claims about their SDB status.
So what’s he looking for, some kind of DEI preferences from the SBA?
He’s taking advantage of being called a retard on socials all the time.
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Yeah, let’s not see if the knob can be turned up to 12.
That’s defrauding the US government and US taxpayers. Justice Department, you know what to do.
Nothing? I expect they’ll do nothing.
I dunno. With Elon and Trump having a tiff, they might actually do something. Just not for the reasons they should be.
small disadvantaged business uwu
