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Musk’s Boring Co. Gets $23 Billion Valuation

Bloomberg Technology Thursday 10 September 2026, 16:58 UTC 1 min read
Key Points

Elon Musk's Boring Co. secured $3 billion in fresh investment backed by the United Arab Emirates and affiliated entities, in a funding round valuing Elon Musk’s tunneling startup at $23 billion. Bloomberg's Kiel Porter has the details and joins Ed Ludlow on "Bloomberg Tech."

Elon Musk's Boring Co. secured $3 billion in fresh investment backed by the United Arab Emirates and affiliated entities, in a funding round valuing Elon Musk’s tunneling startup at $23 billion. Bloomberg's Kiel Porter has the details and joins Ed Ludlow on "Bloomberg Tech." (Source: Bloomberg)
Boring Co. (ORG) the United Arab Emirates (ORG) Bloomberg (ORG) Kiel Porter (PERSON) Ed Ludlow (PERSON) Bloomberg Tech (ORG)
Originally published by Bloomberg Technology Read original →

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