Musk pitches 200-mph Austin-San Antonio ‘Hyperloop’ tunnel, again
Musk pitches 200-mph Austin-San Antonio ‘Hyperloop’ tunnel, again

Elon Musk says the Boring Company is working on a 200-mph “Hyperloop” tunnel between Austin and San Antonio that would cut the drive to under 30 minutes. He posted the claim on X this weekend with no route, no timeline, and no cost.

It’s a version o…

The Boring Company raises $3B in round led by UAE

The company said it plans to dig more than 150 kilometers of tunnels in the Middle Eastern country.

Elon Musk’s Boring Company raises $3B at $23B valuation, led by UAE
Elon Musk’s Boring Company raises $3B at $23B valuation, led by UAE

The Boring Company has closed a $3 billion Series D funding round led by the United Arab Emirates, valuing Elon Musk’s tunneling venture at $23 billion.

That’s roughly four times its 2022 valuation of about $5.7 billion. And most of the case for it …