Elon Musk's Boring Co raised about $117 million in its latest round of fund...
FILE PHOTO: A modified Tesla Model X drives into the tunnel entrance before an unveiling event for the Boring Co. Hawthorne test tunnel in Hawthorne, California, U.S., December 18, 2018. Robyn Beck/Pool via REUTERS
- Elon Musk’s Boring Co raised about $117 million in its latest round of funding from 20 unnamed investors after offering to sell about $120 million in equity, the company disclosed in a regulatory filing on Friday. The company had raised $112.5 million in equity in April last year, with Musk investing 90% of the amount, as the company seeks to build underground tunnels for hyperloop transportation project. (
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