Elon Musk's Boring Company is reportedly raising $120 million in its first outside funding round

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 21 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 51%

Ireland News News

Ireland Ireland Latest News,Ireland Ireland Headlines

The company is planning to sell $120 million in stock, according to a securities filing reviewed by Bloomberg.

The Boring Company, Elon Musk's tunnel-digging startup, is raising outside funding for the first time, Bloomberg reported. Last year, the Boring Company raised $112.5 million, 90% of which came from Musk. The Boring Company did not immediately respond to Business Insider's request for comment. This is a developing story. Check back for updates. Read Bloomberg's full story here.

The Boring Company, Elon Musk's tunnel-digging startup, is raising outside funding for the first time, Bloomberg reported. Last year, the Boring Company raised $112.5 million, 90% of which came from Musk. The Boring Company did not immediately respond to Business Insider's request for comment. This is a developing story. Check back for updates. Read Bloomberg's full story here.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 729. in İE
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Will any of the businesses ever make a dime..?

fraud ponzischeme

Boring Company raises $120 million? We're boring! Hello! We may not be quite as boring. But say we're 25% as boring, we'll take the $30MM.

Ireland Ireland Latest News, Ireland Ireland Headlines