TechCrunch·3 min read·medium

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

A
Anthony Ha
Elon Musk’s Boring Company reportedly raising funding at a $20 billion valuation
AI Summary

The Boring Company is reportedly seeking a $4 billion funding round that would value the tunneling startup at $20 billion. Despite ambitious expansion plans, the company faces scrutiny over workplace safety and environmental regulatory violations.

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 .

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