Elon Musk's Boring Co. raises $113 million
Elon Musk. Photo by Chris Saucedo/Getty Images for SXSW.
The Boring Co., which plans to dig tunnels for hyperloop mass transit, has raised nearly $113 million in venture capital funding, according to an SEC filing.
Digging in: Elon Musk himself is not listed on the filing, but this is very much his company (and, yes, is the same one that recently sold flamethrowers). The only listed executive is Jared Birchall, who also is involved in Musk's Neuralink project, while SpaceX engineer Steve Davis is a director. None of the 31 participating investors are disclosed.