Musk’s Boring Company Could Be Worth $20 Billion - Here’s Why Investors Are Still Buying In

TLDR

• The Boring Company is in talks to raise $4 billion at a $20 billion valuation
• This would be a massive jump from its $5.7 billion valuation in 2022
• The startup runs a Tesla-powered tunnel network under the Las Vegas Strip
• It has announced tunnel projects in Nashville and Dubai
• Nevada regulators cited the company for nearly 800 environmental violations last year

Elon Musk’s tunneling startup, The Boring Company, is reportedly in talks to raise $4 billion in new funding. The deal would value the company at around $20 billion, according to the Wall Street Journal.

Elon Musk owned Boring Company is reportedly in talks to raise ~$4 Billion at a valuation of ~$20 Billion https://t.co/ohT6CZ0G73 pic.twitter.com/D0Uyyis6T6

- Evan (@StockMKTNewz) July 25, 2026

The round has not yet closed, and terms could still change.

A Big Jump From 2022

The new valuation would be a steep climb from the company’s last funding round. In 2022, The Boring Company raised $675 million at a valuation of $5.7 billion from investors including Sequoia Capital and Founders Fund.

… Continue reading the full article at the original source below.