Elon Musks Boring Company Raises 1125 Million For Hyperloop

Elon Musks Boring Company Raises 1125 Million For Hyperloop

- Elon Musk's Boring Company has raised $112.5 million in equity, the firm said in a regulatory filing on Monday, as it seeks to build underground tu

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– Elon Musk’s Boring Company has raised $112.5 million in equity, the firm said in a regulatory filing on Monday, as it seeks to build underground tunnels for its hyperloop transportation project.

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.

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