The Boring Company raises $3B at $23B valuation, signs 150+ km UAE tunnel deal
XFreeze · x · 2026-09-10
Elon Musk's The Boring Company is entering a new phase: $3 billion raised, a $23 billion valuation, and a partnership covering 150+ km of tunnels in the UAE.
The company's thesis remains building underground transportation networks instead of endlessly widening surface roads, with tunneling made fast and cheap enough to scale. Musk calls defeating traffic "the ultimate boss battle." With capital and projects now matching the vision, Boring Company is becoming a global infrastructure company.
Related event: Musk's Boring Company Raises $3B at $23B Valuation(3 posts)→
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