Elon Musks Boring Co Raises 1125 Million In Funding Most From Musk

Elon Musks Boring Co Raises 1125 Million In Funding Most From Musk

- Elon Musk's Boring Co said on Monday it raised $112.5 million in equity, with 90 percent coming from Musk himself, as the company seeks to build un

Elon Musks Boring Company Raises 1125 Million For Hyperloop
Sun Online Exposes Modelling Company Preying On Wannabes Who Fork Out Thousands Of Pounds For ‘jobs That Don’t Exist’
Bristol Energy Company Turns Human Poo Into Electricity And Gas To Heat Your Home

– Elon Musk’s Boring Co said on Monday it raised $112.5 million in equity, with 90 percent coming from Musk himself, as the company seeks to build underground tunnels for its hyperloop transportation project.

In a regulatory filing, the company listed 31 unnamed investors as participants in the funding round. Besides Musk, the rest of the investors were early Boring employees, according to the company.

Musk, who also leads electric vehicle maker Tesla Inc (TSLA.O) and rocket company SpaceX, is seeking to revolutionize transportation by sending passengers packed into pods through an intercity system of giant, underground vacuum tubes known as the hyperloop. Forbes magazine estimates Musk’s net worth at $19.3 billion.

COMMENTS

WORDPRESS: 0
DISQUS: