The Boring Company raises $3B in round led by UAE
The company said it plans to dig more than 150 kilometers of tunnels in the Middle Eastern country.
Elon Musk’s Boring Company raises $3B at $23B valuation, led by UAE
The Boring Company has closed a $3 billion Series D funding round led by the United Arab Emirates, valuing Elon Musk’s tunneling venture at $23 billion.
That’s roughly four times its 2022 valuation of about $5.7 billion. And most of the case for it …