was started by Elon Musk in 2016 following his mounting frustration with traffic congestion and the resulting long commutes for people in Los Angeles.
In April 2022, The Boring Company completed Series C funding of $675 million, and at the time was valued at $5.675 billion, according to a Boring Company news release. Some firms allow people to invest in companies before their initial public offering should they go public. Still, there's no guarantee that the Boring Company will ever hold an IPO and offer its stock to a wider market.
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