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The Latest Breaking News from The Boring Company

Elon Musk Makes an Ambitious $4BN Funding Push Weeks After His Fortune Lost Nearly $500BN

Elon Musk's net worth has dropped by 37% in a month, while he seeks $4 billion for The Boring Company, despite limited progress and stalled projects.

International Business Times UK

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

The Boring Company was valued at $5.7 billion in 2022 after a $675-million fundraising exercise. 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.

The Economic Times

Elon Musk’s Net Worth Slumps Amid Tesla, SpaceX Crash

Elon Musk’s net worth is in free fall, with the world’s richest person losing his trillionaire status as shares of Tesla (NASDAQ:TSLA) and SpaceX (NASDAQ:SPCX) continue to decline. The prolonged weakness in the two companies has erased hundreds of billions of dollars from his fortune, pushing it well below its…

Benzinga

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$1.3 Trillion and Counting: Where Does Trillionaire Elon Musk Hide His Money?

Elon Musk has officially become the world's first trillionaire after SpaceX's blockbuster IPO, with Forbes valuing his net worth at $1.3 trillion and climbing.

International Business Times UK

Elon Musk's business empire: The companies behind the world's richest man

From a video game sold for $500 (€430) as a teenager to a business empire spanning rockets, electric vehicles, AI and brain implants, Elon Musk has spent decades building companies that have reshaped multiple industries. Here's a look at the businesses behind the world's richest man.

Euronews

‘A neoliberal nightmare’: my ride on the Vegas Loop – Elon Musk’s answer to traffic jams

Ten years ago, after complaining that traffic was ‘driving him nuts’, Musk’s Boring Company began building underground tunnels to ease congestion on the roads. Did he overpromise and underdeliver?

The Guardian - UK

Business lesson from world's first trillionaire Elon Musk: 'Rely less on business gurus and their books and more on biographies' What business owners can learn from world's richest man's success mindset

Elon Musk, the world's first trillionaire, eschews traditional business gurus, drawing wisdom from history and biographies of innovators. His approach, exemplified by SpaceX and Tesla, emphasizes long-term vision and persistence. This strategy has fueled his vast business empire, spanning electric vehicles, space exploration, and AI, demonstrating the power of learning…

The Economic Times

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Inside Elon Musk’s vast empire from rockets to brain implants after historic SpaceX IPO

Musk continues to hold CEO roles across several corporations, alongside various other executive titles and ownership stakes

The Independent UK

From rockets to brain implants, here's a look at Elon Musk's vast empire

Elon Musk, the world's richest man and now first-ever trillionaire, controls a lot of different businesses

AAP

Elon Musk Debunks Viral SpaceX Story: Antonio Gracias 'Did Not Receive Any Equity' For $1 Million Loan

Antonio Gracias' $1 million loan to Elon Musk in 2008 highlights the financial challenges SpaceX faced. Their long-term partnership spans multiple ventures, reflecting broader investment strategies.

International Business Times UK

World's Richest Man, Least Generous? Elon Musk Tops Forbes 'Least Philanthropic' List

Forbes has labelled Elon Musk 'among the least philanthropic billionaires', estimating that only a minute fraction of his $839 billion wealth has reached people in need.

International Business Times UK

SpaceX Bought Nearly 20% Of Tesla Cybertrucks Sold In Q4

A new report suggests that Elon Musk's other companies may have purchased nearly 20% of the Tesla Cybertrucks sold in Q4 2025.

InsideEVs

Elon Musk’s companies, once welcomed in Baltimore with open arms, are now getting stiff-armed—or sued

The demise of a Boring Co tunnel to the Ravens football stadium, within hours of the city's lawsuit against xAI, is a striking illustration of how Musk’s transformation into a political lightning rod may be taking a toll on his various ventures.

Fortune

Elon Musk’s name alone is turning Nashville residents against his tunnel project, survey shows

The percentage of residents opposed to the Boring Company’s Music City Loop jumped from 35% to 51% when Musk’s name was mentioned.

Fortune

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The Texas Tribune

Elon Musk company selects proposed mile-long Dallas tunnel

The Boring Company said it would begin assessing the feasibility of building an underground tunnel connecting a university with a new development.

Fortune

Nevada legislators press Governor Lombardo, demanding plan for state’s ‘structural failures’ in safety oversight of Boring Co.

State regulators and officials are under heightened scrutiny over safety and environmental issues involving Elon Musk’s Las Vegas tunneling projects.

The Independent UK

Fresh fury over Elon Musk’s Tesla tunnel loop as ‘blindsided’ lawmakers lodge complaints

The first section of the tunnel is supposed to be operational by the first quarter of 2027

The Times of India

Elon Musk’s Las Vegas underground tunnels are under scrutiny over safety issues, worker injuries, and environmental concerns

Elon Musk’s Vegas Loop, a system of underground tunnels built to move Tesla vehicles around Las Vegas, is drawing attention from Nevada lawmakers over safety and environmental concerns. The project is operated by the Boring Company and has been questioned following reports of workplace accidents and regulatory problems. Instead of…

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The Independent UK

Musk's underground tunnels in Las Vegas face scrutiny over safety, environmental concerns

Elon Musk's “Vegas Loop,” an underground transit system of private tunnels, is facing scrutiny from Nevada lawmakers after years of complaints about workplace safety and alleged violations

Fortune

Nevada legislator to push for independent audit of altered record in OSHA Boring Co. inspection

Because a forensic analysis conducted by the Governor’s Office was inconclusive, legislators are pushing for a third-party audit.

The Times of India

UAE to travel underground at Tesla speed? Elon Musk’s Boring Company to build Dubai Loop in most unexpected Middle East move

Dubai has partnered with Elon Musk's The Boring Company to construct the Dubai Loop, an underground transport system designed to significantly reduce commute times. The initial phase will feature a 6.4-kilometer pilot route connecting key districts, with the full network aiming to span over 22 kilometers and include 19 stations,…

Fortune

Nevada legislators blast Elon Musk–owned Boring Company over safety and environmental violations

Elon Musk’s tunneling startup said it was “unable to attend” the four-hour hearing in Las Vegas about violations it has racked up since 2022.

The Times of India

Dubai authorities reveal two key locations for the futuristic Dubai Loop

Dubai is launching its revolutionary underground transport system, the Dubai Loop, in partnership with Elon Musk's The Boring Company. This high-speed network aims to bypass traffic congestion, starting with a crucial link between DIFC and Dubai Mall. The project promises faster, integrated travel, with initial test runs anticipated by 2026,…

Fortune

Elon Musk’s Boring Co. is studying a tunnel project to Tesla Gigafactory near Reno

The surge of traffic, and accidents, on the highway that leads to the burgeoning industrial center in northern Nevada is driving a search for alternatives.

Fortune

Exclusive: Nevada congresswoman sends letter to Governor Lombardo ‘demanding transparency’ and accountability on rescinded Boring Company penalties

After Fortune’s investigation into the handling of a safety investigation, Congresswoman Dina Titus is demanding transparency and accountability.

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