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Musk’s Boring Co. Gets $23 Billion Valuation

September 12, 2026
in AI & Technology
Reading Time: 1 min read
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Elon Musk’s Boring Co. secured $3 billion in fresh investment backed by the United Arab Emirates and affiliated entities, in a funding round valuing Elon Musk’s tunneling startup at $23 billion. Bloomberg’s Kiel Porter has the details and joins Ed Ludlow on “Bloomberg Tech.”
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