Musk's tunnel startup The Boring Company raises $3 billion at $23 billion valuation — Live Feedhttps://www.live-feeds.com/feed/musk-s-tunnel-startup-the-boring-company-raises-3-billion-at-23-billion-valuationContinuously updated, source-cited coverage. The Boring Company raises $3 billion at $23 billion valuationhttps://www.live-feeds.com/feed/musk-s-tunnel-startup-the-boring-company-raises-3-billion-at-23-billion-valuationhttps://www.live-feeds.com/feed/musk-s-tunnel-startup-the-boring-company-raises-3-billion-at-23-billion-valuation#u65900Sat, 12 Sep 2026 06:32:39 +0000The Boring Company secured $3 billion in a Series D funding round, bringing its valuation to $23 billion. The company plans to use the capital to expand its tunneling operations into the Middle East and the United States. Specific projects include the Music City Loop in Nashville and a partnership to build over 93 miles of tunnels in the United Arab Emirates. The expansion will utilize the company's new Prufrock machine to develop infrastructure in Dubai, Las Vegas, and Nashville.Why it mattersElon Musk founded the startup to reduce urban traffic through underground transit networks. This