San Francisco: Tech billionaire Elon Musk’s Boring Company has applied to dig a tunnel under Tesla Gigafactory Texas in Austin, however, it is unclear what they plan to do with it. The Boring Company has been in discussions with the state and municipal governments for several projects since moving to Texas, but as far as […]
San Francisco: Tech billionaire Elon Musk’s Boring Company has raised $675 million in the Series C round, bringing its valuation up to $5.7 billion. Boring Company is Musk’s project to build underground highways to alleviate traffic congestion. The round was led by Vy Capital and Sequoia Capital, with participation from Valor Equity Partners, Founders Fund, […]
According to a TechCrunch report, the Boring Company may miss out on more than $13 million of its construction budget if it fails to shuttle as many people as promised with the Las Vegas Convention Center Loop.
