Sep.
04
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Elon Musk's The Boring Company has requested its investors to assist with recruitment and business expansion, and the company has recently completed a round of financing.

2026-09-04 08:21
Elon Musk's tunneling venture The Boring Company has put forward a special requirement to some investors in its latest round of financing: any party that wants to participate in this round of investment must assist the company in business construction. According to people familiar with the matter, the company has informed some investors contributing to this round of financing that they need to help the company recruit employees or assist in business expansion, for example, to introduce government officials in the regions where the company plans to build tunnels. Sources say that The Boring Company develops tunnel boring equipment, claiming that its underground excavation cost is lower than that of traditional construction enterprises. The company recently completed a round of financing with a valuation of about 20 billion US dollars. (Sina Finance)