Elon Musk's Boring Co. turns to Middle East for expansion in reaching $23 billion valuation

Elon Musk's Boring Co. is turning to the Middle East for funding as it pursues an ambitious project in the United Arab Emirates. The company said it raised $3 billion in funding at a $23 billion valuation with backing from the UAE and a roster of longtime Musk supporters.

Source: CNBC

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Category General

Source CNBC

Published 2 weeks ago

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News ID #16,010

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