Elon Musk's Boring Company raises $3B in Series D at $23B valuation

M&A · PartnershipProduct / Tech
โดย Yahoo Finance·USAE·Read original
Summary · why it matters

The Boring Company, Elon Musk's tunnel-digging startup, announced it raised $3 billion in a Series D funding round, valuing the company at $23 billion. The round was led by the UAE along with various related companies, and drew a who's who of private equity and venture capital firms including Human Capital, Valor Equity Partners, Sequoia, A16, Temasek, Shama Holdings and Baron Capital. The company is currently operating in Las Vegas and is pursuing a new project in Nashville, with plans to expand further. Boring is also developing its Prufrock platform, a system designed to dig, collect and remove material in a more streamlined fashion to build tunnels faster and cheaper, as well as a system called Z pit, or Zero people in pit, an autonomous digging system that had a successful test in August. The company says regulations and zoning are among the main obstacles to building in the eastern United States.

Impact on stocks 3

Financials▲ · 1 stocks
Space Economy▲ · 1 stocks
Electrification & Mobility▲ · 1 stocks

Off-coverage companies 8

The Boring CompanyPrivate▲ Positive
Capitalrelevance

The Boring Company raised $3B in a Series D at a $23B valuation, a major financing event.

Andreessen HorowitzPrivate± Mixed
relevance

Baron CapitalPrivate± Mixed
relevance

Human CapitalPrivate± Mixed
relevance

Sequoia CapitalPrivate± Mixed
relevance

Shamal HoldingPrivate± Mixed
relevance

Temasek Holdings (Private) LimitedPrivate± Mixed
relevance

Valor Equity PartnersPrivate± Mixed
relevance

© 2026 MarketDXNews