9 Sep 2026
Turning point
The company announces USD 3 billion in Series D financing
The Boring Company announced a USD 3 billion round led by the United Arab Emirates and affiliated investment entities. It described a USD 23 billion company valuation and plans for additional UAE tunnels. These figures concern financing and planned infrastructure, not Musk's personal wealth or completed tunnel length.
Sources and context
- Series D funding announcementCompany statement · The Boring Company