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Technology · 20 hours ago

Elon Musk's Boring Company secures £2.4 billion funding

Elon Musk's Boring Company secures £2.4 billion funding

Elon Musk's tunnel construction startup, The Boring Company, has secured £2.4 billion in new funding, valuing the firm at £18.4 billion. The United Arab Emirates and associated entities headed up this investment round. The company plans to use the funds to expand its Loop projects in places like Las Vegas, Nashville, and Dubai.

Reported by Reuters · How we write briefs

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