Elon Musk’s Boring Company reportedly raising funding at a $20 billion valuation
TechCrunch·July 25, 2026
Elon Musk's Boring Company is reportedly seeking to raise new funding at a valuation of $20 billion. The tunneling startup, founded by Musk, is in talks with investors for a major new funding round. This potential investment would significantly increase the company's valuation and support its ongoing projects. Musk's Boring Company aims to reduce traffic congestion by building underground tunnels for high-speed transportation.
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