Musk's Quietest Company Could Be Worth $20 Billion — For 4 Miles Of Tunnel | FP Explains

Elon Musk has one company almost nobody argues about — and it is now in talks to raise around $4 billion at a valuation of roughly $20 billion, according to reports. The Boring Company was worth $5.7 billion in 2022. It has raised only about $908 million in its entire life. And its only working transport system today is the Vegas Loop, roughly 3.5 miles of tunnel actually carrying passengers. So what are investors really buying? A tunnelling breakthrough that could cut infrastructure costs by 90%? Or simply access to Elon Musk's portfolio? QC_Voiced --- Elon Musk | The Boring Company | $20 Billion | Underground Tunnel | Vegas Loop | Infrastructure | Urban Transport | Transportation | Tesla | SpaceX | xAI | Business | Technology | FP Explains | World News | Engineering | Innovation | Startup | Investment | Explainer | Firstpost #elonmusk #theboringcompany #tesla #spacex #technology #innovation #business #startup #engineering #transportation #fpexplains #investment #worldnews #infrastructure #news #firstpost Firstpost is an Indian news and media website. Get all the incisive opinions, in-depth analyses and other visual stories that matter to you and the world right here on this channel. Subscribe to Firstpost channel and press the bell icon to get notified when we go live.    / @firstpost   Follow Firstpost on Website: https://www.firstpost.com Follow Firstpost on Instagram:   / firstpost   Follow Firstpost on Facebook:   / firstpostin   Follow Firstpost on X:   / firstpost   Follow Firstpost on WhatsApp: https://www.whatsapp.com/channel/0029...