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    ITNewspapersThe Economic Times

    Elon Musk’s tunnel startup raises $3 billion at $23 billion valuation

    Binu Mathew
    By Binu Mathew1 hour ago

    The Boring Company, a tunnel construction startup founded by billionaire Elon Musk, has raised $3 billion in a new funding round that values it at $23 billion, according to ‌a statement ⁠on ⁠Wednesday.

    Here are some details:

    * The funding round was ​led by the United Arab Emirates and affiliated investment entities.

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