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moves money Tech-Economic Times July 25, 2026

Elon Musk's Boring Company seeks funding at $20 billion valuation: WSJ

Elon Musk's Boring Company seeks funding at $20 billion valuation: WSJ
AI Summary

The Boring Company was valued at $5.7 billion in 2022 after a $675-million fundraising exercise. Musk, whose ⁠business interests include Tesla, SpaceX and Neuralink, founded the ​company to develop tunneling technology and transport systems to ​carry passenger pods through underground, low-pressure tubes between cities.

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