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The Boring Company raised $3 billion at a $23 billion valuation, Quartz reports

Quartz says the UAE-led round includes Sequoia Capital, Andreessen Horowitz and Temasek, and will support more than 150 km of underground infrastructure across the UAE.

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6 Sources, 21d ago, first seen 21d ago

TLDR

Elon Musk’s The Boring Company raised $3 billion in a UAE-led Series D round at a $23 billion valuation, Quartz reports. The outlet names Sequoia Capital, Andreessen Horowitz and Temasek among the investors and says the funding will support more than 150 km of underground infrastructure across the United Arab Emirates.

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58.7K

6 Sources, first seen 21d ago

115 likes13 comments7 saves19 reposts

Combined views

58.7K

6 Sources, first seen 21d ago

115 likes13 comments7 saves19 reposts

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6 Sources

@businesslineElon Musk's The Boring Company secures $3 billion funding, raising its valuation to $23 billion for expanded tunnel projects. https://www.thehindubusinessline.com/companies/musks-tunnel-startup-the-boring-company-raises-3-billion-at-23-billionvaluation/article71450450.ece?utm_campaign=mrf-twitter-businessline&utm_source=twitter&utm_medium=social&mrfcid=202609106aa2632a39de1b51beeae1f8
@NairametricsElon Musk's The Boring Company has raised $3 billion in a Series D funding round led by the United Arab Emirates, valuing the tunnelling company at $23 billion.
@thenextwebInvestors must supply candidates. Musk confirmed it in one word. The term sheet also asked them for introductions to officials in cities where the company wants to dig, and reserved the right to buy back shares from anyone who did not deliver. https://thenextweb.com/news/boring-company-3bn-raise-23bn-valuation-uae-term-sheet
@qzMusk's The Boring Company raised $3 billion in a UAE-led round at a $23 billion valuation: The funding round includes Sequoia Capital, Andreessen Horowitz, and Temasek, and will support more than 150 km of underground infrastructure across the UAE https://dlvr.it/TVQJVK
@CNBCElon Musk's Boring Co. turns to Middle East for expansion in reaching $23 billion valuation https://www.cnbc.com/2026/09/10/elon-musk-boring-co-uae-valuation.html?taid=6aa2f52c129c920001abcf90&utm_campaign=trueanthem&utm_content=main&utm_medium=social&utm_source=twitter
@EconomicTimesElon Musk's tunnel startup raises $3 billion at $23 billion valuation https://economictimes.indiatimes.com/tech/startups/elon-musks-tunnel-startup-raises-3-billion-at-23-billion-valuation/articleshow/133996573.cms
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    6 Sources

    @businesslineElon Musk's The Boring Company secures $3 billion funding, raising its valuation to $23 billion for expanded tunnel projects. https://www.thehindubusinessline.com/companies/musks-tunnel-startup-the-boring-company-raises-3-billion-at-23-billionvaluation/article71450450.ece?utm_campaign=mrf-twitter-businessline&utm_source=twitter&utm_medium=social&mrfcid=202609106aa2632a39de1b51beeae1f8
    @NairametricsElon Musk's The Boring Company has raised $3 billion in a Series D funding round led by the United Arab Emirates, valuing the tunnelling company at $23 billion.
    @thenextwebInvestors must supply candidates. Musk confirmed it in one word. The term sheet also asked them for introductions to officials in cities where the company wants to dig, and reserved the right to buy back shares from anyone who did not deliver. https://thenextweb.com/news/boring-company-3bn-raise-23bn-valuation-uae-term-sheet
    @qzMusk's The Boring Company raised $3 billion in a UAE-led round at a $23 billion valuation: The funding round includes Sequoia Capital, Andreessen Horowitz, and Temasek, and will support more than 150 km of underground infrastructure across the UAE https://dlvr.it/TVQJVK
    @CNBCElon Musk's Boring Co. turns to Middle East for expansion in reaching $23 billion valuation https://www.cnbc.com/2026/09/10/elon-musk-boring-co-uae-valuation.html?taid=6aa2f52c129c920001abcf90&utm_campaign=trueanthem&utm_content=main&utm_medium=social&utm_source=twitter
    @EconomicTimesElon Musk's tunnel startup raises $3 billion at $23 billion valuation https://economictimes.indiatimes.com/tech/startups/elon-musks-tunnel-startup-raises-3-billion-at-23-billion-valuation/articleshow/133996573.cms
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