The Boring Company raises $3B Series D at $23B valuation, led by UAE
XFreeze · x · 2026-09-10
Elon Musk's The Boring Company announced a $3 billion Series D led by the United Arab Emirates, valuing the tunneling venture at $23 billion.
- Other investors include Human Capital, Vy Capital, Valor Equity Partners, Sequoia Capital, a16z, Temasek, Shamal Holding, and Baron Capital
- The company aims to build tunnels dramatically faster and cheaper to move transportation underground at scale and tackle traffic congestion
Related event: Musk's Boring Company Raises $3B at $23B Valuation(3 posts)→
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