Business

Boring Co. Secures $3 Billion for Middle East Expansion

Updated 2026-09-10 18:25 UTC 1 source Neutral

The Boring Company secured a $3 billion financing round, led by the United Arab Emirates, to expand its operations in the Middle East and reach a valuation of $23 billion.

Coverage timeline — 1 article

CNBC

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

The Boring Co.'s latest $3 billion financing round was led by the United Arab Emirates.

2026-09-10 18:15 UTC