Musk’s Boring Company Raises $3 Billion at $23 Billion Valuation

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

Musk’s Boring Co. Raises Capital, Valuing Firm at $23 Billion

Boring Co. secured $3 billion in fresh funding backed by the United Arab Emirates and affiliated investment entities, valuing Elon Musk’s tunneling startup at $23 billion.

By Audrey Wan

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...

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

By Reuters

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