Company intelligence

The Boring Company

Elon Musk's infrastructure company that builds underground tunnel systems for high-speed transportation.

InfrastructureBastrop, Texas, USAFounded 2017Founders: Elon MuskWebsite ↗
Last verified Sep 10, 2026

Key Metrics

Valuation
$23B
As of Sep 10, 2026TechCrunch
Total funding
$908M
As of Jul 31, 2026Value Add Pulse research

Company Snapshot

The Boring Company is a Infrastructure company, based in Bastrop, Texas, USA, founded 2017 by Elon Musk. Latest valuation $23B (As of Sep 10, 2026, TechCrunch). Total funding $908M (As of Jul 31, 2026).

Recent changes

  1. Sep 10, 2026Raised $3B Series D at a $23B valuation TechCrunch
  2. Sep 10, 2026New investor: Andreessen Horowitz TechCrunch
  3. Sep 10, 2026New investor: Temasek TechCrunch
  4. Sep 10, 2026New investor: Sequoia Capital TechCrunch
  5. Sep 10, 2026New investor: Valor Equity Partners TechCrunch
Earlier changes (5)
  1. Sep 10, 2026New investor: Vy Capital TechCrunch
  2. Sep 10, 2026Valuation rose from $20B to $23B TechCrunch
  3. Jul 31, 2026First reported total funding: $908M Value Add Pulse enrichment
  4. Jul 31, 2026Valuation rose from $5.7B to $20B Value Add Pulse enrichment
  5. 2022First reported valuation: $5.7B TechCrunch

Funding History

1 event · sources dated per row
DateEventAmountValuationInvestorsSource
Sep 10, 2026Series D$3B$23BTechCrunch
Valuation over time
$0M$13B$25B20222026-072026-09
Underlying values
As ofValueMethodSource
Sep 10, 2026$23BReportedTechCrunch
Sep 10, 2026$23BReportedTechCrunch
Jul 31, 2026$20BReportedValue Add Pulse research
2022$5.7BReportedTechCrunch
2022$5.7BReportedTechCrunch
2022$5.7BReportedTechCrunch

Investors

Latest Pulse

  1. Boring Company Talks $4B Raise at $20B ValuationElon Musk's Boring Company is reportedly in talks to raise $4 billion in new funding at a valuation of roughly $20 billion, more than triple its 2022 mark.
  2. Boring Company In Talks For $4B At $20B ValueElon Musk's tunneling startup The Boring Company is reportedly in talks to raise about $4 billion at a $20 billion valuation, more than tripling its last known price tag.

Coverage Timeline

newest first
  1. FUNDINGBoring Company Talks $4B Raise at $20B Valuation
  2. FUNDINGBoring Company In Talks For $4B At $20B Value

All Coverage

Related Companies

Sources & methodologyshow
Where these figures come from
  • TechCrunchmajor outlet2 facts
  • Value Add Pulse researchValue Add VC data1 fact

Figures are labelled Reported (a source states it), Estimated, Derived (computed from other facts) or Rumored (in talks / unconfirmed). Rumors never replace a confirmed figure. Each figure keeps its own as-of date; history is preserved rather than overwritten.

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