In World

Elon Musk’s Boring Company raises $675M to scale Loop projects

The Boring Company, Tesla CEO Elon Musk’s project to build underground highways to alleviate traffic congestion, has raised a $675 million Series C round, bringing its valuation up to $5.7 billion. The Boring Company by Elon Musk. Image by The Boring Company The round was led by Vy Capital and Sequoia Capital, with participation from Valor Equity Partners, Founders Fund, 8VC, Craft Ventures, and…
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