Tuesday, November 10, 2026
Home / Technology / Elon Musk’s Boring Company reportedly raising fund...
Technology

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

CN
CitrixNews Staff
·
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.

Originally reported by TechCrunch. Read the full story at the original source.