InfrastructureNotablePartial
5.3
UAE-led round values Musk's Boring Company at $23B for Dubai Loop expansion
Le SoirLO·AE · US·1 day ago
Elon Musk's tunnel construction firm, The Boring Company, has raised $3 billion, valuing it at $23 billion. This marks a significant capital injection, likely to fund expansion of its tunneling projects. The valuation implies strong investor confidence in the company's growth prospects.