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Musk’s Boring Co. Gets $23 Billion Valuation

Elon Musk’s Boring Co. secured $3 billion in fresh investment backed by the United Arab Emirates and affiliated entities, in a funding round valuing Elon Musk’s tunneling startup at $23 billion. Bloomberg’s Kiel Porter has the details and joins Ed Ludlow on “Bloomberg Tech.” ——– Like this video? Subscribe to Bloomberg Technology on YouTube:  …

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Elon Musk’s Boring Co. secured $3 billion in fresh investment backed by the United Arab Emirates and affiliated entities, in a funding round valuing Elon Musk’s tunneling startup at $23 billion. Bloomberg’s Kiel Porter has the details and joins Ed Ludlow on “Bloomberg Tech.”
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19 Comments

19 Comments

  1. @rn_7-apd

    September 10, 2026 at 1:00 pm

    Hello 👋 first 🥇

  2. @tristanmorris7137

    September 10, 2026 at 2:15 pm

    LOL No

  3. @Wegonnafindu323

    September 10, 2026 at 2:50 pm

    lol a smaller slower and more expensive metro system

    • @GaminHasard

      September 10, 2026 at 3:27 pm

      no it is actually working and really interesting. point to point transport is super handy. but also the core cost per mile is way way lower than other tunnels.

    • @orsomethinglike

      September 10, 2026 at 5:34 pm

      @G@GaminHasardby a factor or 100

    • @jebise1126

      September 10, 2026 at 5:42 pm

      and more dangerous…

  4. @CPATuttle

    September 10, 2026 at 4:59 pm

    We need more people like Elon that are trying to solve complex human problems

    • @lukeroker2111

      September 10, 2026 at 8:24 pm

      You should step up

  5. @bgeardigital

    September 10, 2026 at 5:40 pm

    It looks like The Boring Company only makes tunnels for zero emission EV. What about ICE cars? Nobody ever mentions that?

    • @TheMagicJIZZ

      September 10, 2026 at 5:46 pm

      Who cares it’s none of your business

    • @jonassteinberg3779

      September 10, 2026 at 8:19 pm

      😂

  6. @jebise1126

    September 10, 2026 at 5:40 pm

    i value my self as being priceless
    fuck me where i sit… they build 1 fucking worthless tunnel and that is the value. lol so much scam around the world

    • @TheMagicJIZZ

      September 10, 2026 at 6:24 pm

      The value is the machine not the tunnel

      It’s the ONLY company in the USA that makes tbms. Only china or Germany have them

      If they scan reduce tunnel costs and mass produce them

      They can massively improve infrastructure or GDP

      Think of the sewage or floods overspill tunnels. So no flooding in Houston. Or take London and their Crossrail or water sewage tideway

      Think of broadband and gas and electricity cables

      It’s literally the infrastructure of the Cities and Nations and it’s got unique manufacturing capability now and it’s American so national security for building things

  7. @TheMagicJIZZ

    September 10, 2026 at 5:48 pm

    This isn’t about the hyperloop at all?

    It’s just a tunnel boring machine for utilities, transportation, sewage or whatever the fuck you want

    NYC MTA could buy the machines or contract them to build a metro

    The journalist didn’t understand their ” loop” is just a private tesla car road underground network they own and a small percentage gets sent to the local government per ride

    It’s not even close to thinking about hyperloop

  8. @wm6746

    September 10, 2026 at 5:59 pm

    hahahahahahahaha!! One more con from Elon.

    • @GentelesseExcellence

      September 10, 2026 at 8:19 pm

      All losers say that… It’s par for the course.

    • @Intinnent

      September 10, 2026 at 9:01 pm

      If people knew about your achievements, they’d say they are all bs

  9. @mrparkerdan

    September 10, 2026 at 7:34 pm

    i will be a Day 1 IPO investor! 😂

  10. @jonassteinberg3779

    September 10, 2026 at 8:20 pm

    wow so nothing like a hyperloop?!

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Bloomberg Technology

Flow Engineering Raises $50M to Bring AI to Hardware

As AI is moving beyond software and deeper into the physical world, Flow Engineering just raised $50 million at a $750 million valuation to help companies use AI agents to design and build hardware. Flow Engineering founder and CEO Pari Singh and Roelof Botha, Flow investor and board member – formerly at Sequoia Capital –…

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As AI is moving beyond software and deeper into the physical world, Flow Engineering just raised $50 million at a $750 million valuation to help companies use AI agents to design and build hardware. Flow Engineering founder and CEO Pari Singh and Roelof Botha, Flow investor and board member – formerly at Sequoia Capital – join Ed Ludlow to discuss how faster hardware development could support a broader revival of US manufacturing. They speak on “Bloomberg Tech.”
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Bloomberg Technology

OpenAI’s $30B Bet, Trump’s AI Safety Shift and Apple’s Next Act

Bloomberg’s Ed Ludlow breaks down OpenAI’s plan to raise at least $30 billion from investors in a new round of funding after pushing back its plans for an IPO. Plus, President Trump supports using outside auditors to assess the safety of AI systems after meeting with Silicon Valley leaders; and Apple keeps pushing the envelope…

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Bloomberg’s Ed Ludlow breaks down OpenAI’s plan to raise at least $30 billion from investors in a new round of funding after pushing back its plans for an IPO. Plus, President Trump supports using outside auditors to assess the safety of AI systems after meeting with Silicon Valley leaders; and Apple keeps pushing the envelope under new CEO John Ternus with plans to make its foray into the smart-home market.

00:00:00 – Bloomberg Tech Begins
00:01:06 – Seth Fiegerman, Bloomberg News
00:04:59 – Michael Shepard, Bloomberg News
00:08:57 – Michael Intrator, CoreWeave CEO
00:17:33 – Dino Mavrookas, Saronic CEO
00:26:21 – Beth Kindig, I/O Fund
00:29:03 – Pari Singh, Flow Engineering & Roelof Botha, Flow Investor
00:40:20 – Dana Woolman, Bloomberg News
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“Bloomberg Technology” is our daily news program focused exclusively on technology, innovation and the future of business hosted by Ed Ludlow from San Francisco and Caroline Hyde in New York.

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Bloomberg Technology

Saronic CEO: ‘Speed Is Everything’ in Shipbuilding

Saronic is breaking ground on what it says will be the largest and most advanced shipyard in America. Saronic co-founder and CEO Dino Mavrookas joins Ed Ludlow to discuss how its Port Alpha in Brownsville, Texas, is at the center of the defense tech company’s push to rapidly scale production of autonomous ships. He speaks…

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Saronic is breaking ground on what it says will be the largest and most advanced shipyard in America. Saronic co-founder and CEO Dino Mavrookas joins Ed Ludlow to discuss how its Port Alpha in Brownsville, Texas, is at the center of the defense tech company’s push to rapidly scale production of autonomous ships. He speaks on “Bloomberg Tech.”
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