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The Boring Company has closed the latest funding round at about a $20 billion valuation
Posted on 9/4/26 at 7:11 pm
Posted on 9/4/26 at 7:11 pm
quote:
The Boring Company has officially closed the latest funding round at about a $20 billion valuation. The actual amount raised was not disclosed.
Elon Musk has confirmed that investors who joined the latest round were told they must help recruit staff, introduce government officials in cities where the company wants to build, and drive future business or risk having some of their shares bought back.
Smart move and along the same lines of how SpaceX set prerequisites for banks that wanted drive the IPO.
Loading Twitter/X Embed...
If tweet fails to load, click here. That Elon guy sure is an idiot, as UFF and a few other posters pointed out to me the other day. It's pretty easy to build multiple billion-dollar companies, after all.
Posted on 9/4/26 at 7:19 pm to stout
First step to mining the moon and other celestial bodies.
Posted on 9/4/26 at 7:27 pm to stout
Pretty amazing anyone signs on for this considering how poorly Las Vegas has gone.
The last few stations they built were just bus stops on surface streets. Plus they still have drivers in a one way tunnel that takes forever.
Maybe Las Vegas is the throw away project
The last few stations they built were just bus stops on surface streets. Plus they still have drivers in a one way tunnel that takes forever.
Maybe Las Vegas is the throw away project
Posted on 9/4/26 at 7:29 pm to stout
Reading that was really boring
Posted on 9/4/26 at 7:39 pm to VolsOut4Harambe
quote:
Reading that was really boring
Daaaaad!!! Get off the internet!!!
Posted on 9/4/26 at 7:55 pm to stout
Well this will certainly crash and burn
Posted on 9/4/26 at 8:26 pm to stout
We need a tunnel to Pecan Island.
Posted on 9/5/26 at 7:20 am to UltimaParadox
quote:
Pretty amazing anyone signs on for this considering how poorly Las Vegas has gone.
The entrance to the Nashville operation is one block from my downtown office. It's going to be huge game changer for tourism here.
Posted on 9/5/26 at 7:31 am to stout
quote:
It's pretty easy to build multiple billion-dollar companies, after all.
It’s nuts how profitable a company can be if you just focus your efforts on the job, and not build these huge regimes of people. Twitter for example.
Posted on 9/5/26 at 7:36 am to stout
At some point yall have to admit that guys like Elon and other rich guys in the military industrial complex are the reason we get shafted as taxpayers. They pay off politicians and get an ever larger piece of the pie while producing nothing of value
I wish they had a trillionaire start “the paving company” and go around fixing roads
I wish they had a trillionaire start “the paving company” and go around fixing roads
This post was edited on 9/5/26 at 8:18 am
Posted on 9/5/26 at 8:00 am to el Gaucho
Woah, you have non sarcastic takes? 
Posted on 9/5/26 at 8:45 am to bgtiger
They’ll pop up every once in a while
I did a double take the first time I saw one
I did a double take the first time I saw one
Posted on 9/5/26 at 11:25 am to stout
Boring Boeing
I wonder how often they’re confused or even conflated?
Kinda ironic that the raison d'être for one is underground and the other is over the ground.
I wonder how often they’re confused or even conflated?
Kinda ironic that the raison d'être for one is underground and the other is over the ground.
Posted on 9/5/26 at 12:51 pm to glassman
quote:
First step to mining the moon
Let's turn that fricker into Swiss cheese.
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