The Boring Company raises $3 billion as demand for Musk Inc booms

Business Insider | 10-09-2026 01:02pm |

The Boring Company, founded by Elon Musk, has raised $3 billion in a funding round, valuing the tunneling startup at $23 billion. This follows SpaceX's record-breaking public listing in June, which raised $86 billion. Investors are showing strong demand for Musk's ventures, with Neuralink also reportedly attracting high valuations.

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