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The Boring Company raises $3 billion to expand its partnership for developing underground infrastructure in the UAE.
PRIVATESep 10, 2026•about 3 hours ago
Amount Raised
$3 Billion
Round Type
Venture - Series Unknown
Las VegasTransportationConstruction
Description
The Boring Company has successfully raised $3 billion in a funding round that values the startup at $23 billion. The funds will support an expanded partnership in developing over 150 km of underground infrastructure in the UAE, building on the Dubai Loop project and hiring more personnel across various sectors.
Company Information
Company
Elon Musk's Boring Company
Location
Las Vegas, Nevada, United States
About
Elon Musk's Boring Company is a transportation infrastructure and tunnel construction company founded by Elon Musk.
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