Billionaire Elon Musk on Monday said his Neuralink company has implanted a wireless brain chip in a person and he is currently recovering.

"The first human received an implant from @Neuralink yesterday and is recovering well," Musk posted on X.

Musk said initial results show promising neuron spike detection.

"Enables control of your phone or computer, and through them almost any device, just by thinking. Initial users will be those who have lost the use of their limbs. Imagine if Stephen Hawking could communicate faster than a speed typist or auctioneer. That is the goal.

Musk said the company's first product is called Telepathy.

The company which was founded in 2016 opened a recruitment process which sought participants for its first brain implant trial on humans.

The PRIME Study (short for Precise Robotically Implanted Brain-Computer Interface) – a groundbreaking investigational medical device trial for our fully-implantable, wireless brain-computer interface (BCI) – aims to evaluate the safety of our implant (N1) and surgical robot (R1) and assess the initial functionality of our BCI for enabling people with paralysis to control external devices with their thoughts, the company earlier said in a statement.

During the study, the R1 Robot will be used to surgically place the N1 Implant’s ultra-fine and flexible threads in a region of the brain that controls movement intention.

Once in place, the N1 Implant is cosmetically invisible and is intended to record and transmit brain signals wirelessly to an app that decodes movement intention.

The initial goal of our BCI is to grant people the ability to control a computer cursor or keyboard using their thoughts alone.