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Elon Musk’s Boring Company reportedly raising funding at a $20 billion valuation

Anthony Ha· ·2 min read · 0 reactions · 0 comments · 7 views
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Elon Musk’s Boring Company reportedly raising funding at a $20 billion valuation
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The deal hasn’t closed and the terms could change, the WSJ says. At $20 billion, the valuation would be a significant increase from The Boring Company’s $5.7 billion valuation in 2022. The startup has already built a network of tunnels under Las Vegas, through which Teslas shuttle customers to different stations.

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TechCrunch · Anthony Ha
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In Brief Posted: 12:23 PM PDT · July 25, 2026 Image Credits:The Boring Company Anthony Ha Elon Musk’s Boring Company reportedly raising funding at a $20 billion valuation Elon Musk’s tunneling startup The Boring Company is in talks to raise a $4 billion funding round at a valuation of $20 billion, according to The Wall Street Journal. The deal hasn’t closed and the terms could change, the WSJ says. At $20 billion, the valuation would be a significant increase from The Boring Company’s $5.7 billion valuation in 2022. The startup has already built a network of tunnels under Las Vegas, through which Teslas shuttle customers to different stations.

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