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Elon Musk’s Tunneling Startup Raises $3 Billion In New Funding Round

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Elon Musk’s tunneling startup, The Boring Company, raised $3 billion in a new financing round, the company announced on Wednesday. The funding round was led by the United Arab Emirates and valued The Boring Company at $23 billion. The UAE had previously awarded The Boring Company a contract to build one of its signature tunnels in Dubai. Work on the…

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