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Deep & Emerging Tech·September 10, 2026·1 min read

The Boring Company raises $3 billion as demand for Musk Inc booms

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A $3 billion raise at a $23 billion valuation for a tunneling company is a bet that urban mobility and logistics will be reshaped underground, not just with AVs on roads. City planners and large campus operators should start modeling tunnels as a realistic alternative in long-range transport plans, not a sci-fi outlier.