Elon Musk’s Boring Co. Announces $3 Billion Funding Round
Summary
Elon Musk's infrastructure venture The Boring Company plans to raise $3 billion at a $23 billion valuation.
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Elon Musk's infrastructure and tunneling venture, The Boring Company, has announced a new funding round aimed at raising $3 billion.
With this new investment round, the total valuation of the enterprise has reached $23 billion. The capital is expected to support the company's ongoing projects to develop underground transportation networks and expand tunneling capacity.
Source: Kapital.kz
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