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Elon Musk's Boring Company raises $3 billion for UAE tunnel plans

The Boring Company raised $3 billion in a UAE-led funding round, giving Elon Musk's tunnel startup a valuation of $23 billion and supporting 150km of tunnels in the UAE.

10 Sept, 05:46 — 10 Sept, 16:58
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Sources

Showing 8 of 8 sources
ReutersVery High11h ago

Musk's tunnel startup The Boring Company raises $3 billion at $23 billion valuation - Reuters

Musk's tunnel startup The Boring Company raises $3 billion at $23 billion valuation  Reuters

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bloombergHigh1h ago

Musk’s Boring Co. Gets $23 Billion Valuation

Elon Musk's Boring Co. secured $3 billion in fresh investment backed by the United Arab Emirates and affiliated entities, in a funding round valuing Elon Musk’s tunneling startup at $23 billion. Bloomberg's Kiel Porter has the details and joins Ed Ludlow on "Bloomberg Tech." (Source: Bloomberg)

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Business InsiderMostly Factual7h ago

The Boring Company raises $3 billion as demand for Musk Inc booms

Elon Musk founded The Boring Company after becoming frustrated with LA traffic. credit should read ROBYN BECK/AFP via Getty Images Even more money is flowing into Elon Musk's business empire. The Boring Company, the billionaire's tunneling startup, said on Thursday it had raised $3 billion at a $23 billion valuation. Investors are flocking to Musk's companies after SpaceX's IPO, but they may have to pitch in more than just funding. Investors can't get enough of Elon Musk Inc. The Boring Com...

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straits-timesMostly Factual11h ago

Elon Musk’s Boring Company raises capital, valuing firm at $29b - The Straits Times

Elon Musk’s Boring Company raises capital, valuing firm at $29b  The Straits Times

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seeking-alphaMixed12h ago

Musk's Boring Co. valued at $23B after $3B funding

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investing-com11h ago

Musk’s tunnel startup The Boring Company raises $3 billion at $23 billion valuation

By Reuters

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national-uaeMixed6h ago

Elon Musk's Boring Company raises $3 billion in UAE-led funding round

By The National

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gulf-newsMixed10h ago

Elon Musk’s The Boring Company plans 150km of tunnels in UAE, raises $3 billion

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