Musk's Boring Company shares rise over 22% in employee share sale

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The Boring Company also told shareholders that investors could buy up to $20 million in secondary shares as part of the recent share sales, one of the people...

-Elon Musk's tunneling enterprise, The Boring Company, has sold shares owned by employees and investors at a price over 22% higher than in a funding round for the company last year, The Information reported on Monday.The Boring Company also told shareholders that investors could buy up to $20 million in secondary shares as part of the recent share sales, one of the people told The Information.

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