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Elon Musk's Boring Company Raises $3 Billion at $23 Billion Valuation, Plans Over 93 Miles of UAE Tunnels
Source: benzinga.com
Private Markets & VentureInfrastructure & DefenseTransportation & Logistics
Elon Musk's The Boring Co. raised $3 billion in its latest funding round and announced a partnership to develop underground tunnels in the UAE. The capital raise materially strengthens funding for the tunneling company's international infrastructure expansion, though financial terms and project scope were not disclosed.
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