Does a cudaEvent record the time of cuModuleLoad and cuLaunchKernel

If I have this code

cudaEventCreate(&start);
cudaEventCreate(&stop);
cudaEventRecord(start, 0);

cuModuleLoad()
...
cuLaunchKernel()
...
cudaEventRecord(stop, 0);
cudaEventSynchronize(stop);
cudaEventElapsedTime(&elapsedTime, start, stop);

Does elapsedTime record the time of cuModuleLoad and cuLaunchKernel?