Elon Musk’s Boring Company reportedly raising funding at a $20 billion valuation
Elon Musk's tunneling startup is reportedly in talks for a major new funding round.
AI Summary
Elon Musk’s Boring Company is in talks to raise $4 billion at a $20 billion valuation, a significant jump from its $5.7 billion valuation in 2022. The startup has built a tunnel network under Las Vegas but has faced worker injuries and hundreds of environmental violations. It has announced expansion plans for Nashville, Dubai, and other cities.