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The Economic Times
The Economic Times

Elon Musk's Boring Company seeks funding at $20 billion valuation: WSJ

Elon Musk's tunnel construction startup, the Boring Company, is in talks to raise new funding that would value it at about $20 billion, the Wall Street Journal said on Friday, citing people familiar with the ‌talks.

Musk, whose ⁠business interests include Tesla, SpaceX and Neuralink, founded the company to develop tunneling technology and transport systems to carry passenger pods through underground, low-pressure tubes between cities.

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