Elon Musk Pumps More Than $100 Million Into His Boring Company

By Staff Reporter
Posted on 04/18/18 | News Source: MATZAV

Elon Musk’s Boring Company has raised nearly $113 million — mostly from Musk himself.

In a filing with the Securities and Exchange Commission, the tunnel-digging company doesn’t say what the funding is for. But the Boring Company is designing and planning to build a network of high-speed tunnels for mass transportation, which Musk has referred to as “an urban loop system.” Read more at CNN.