The Boring Company is pleased to announce our Series D funding round of $3 billion, led by the United Arab Emirates. The financing now values The Boring Company at $23 billion.
Other key investors in the round include Human Capital, Vy Capital, Valor Equity Partners, Sequoia Capital, A16Z, Temasek, Shamal Holding, and Baron Capital, in addition to other valued existing and new investors.
Full details here:
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Thank you to
@ClarkCountyNV for approving an additional 19 Vegas Loop stations - Vegas Loop is now entitled for 123 stations!
Because Loop is point-to-point with no intermediate stops, in the limit, one could have a Loop station in every driveway!
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Nashville - we are hiring!
Hiring Event: Friday, August 28
Two TBMs are currently tunneling, with a 3rd arriving soon.
If you can wrench, weld, wire, engineer, or manage construction sites - we want you on the Music City Loop Team.
Apply here:
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Prufrock builds tunnel rings fully autonomously.
Six concrete segments (~3,750 lb each), are lifted, translated and placed into final position.
That's the weight of a Tesla Model 3, placed with millimeter precision in < 1 minute, monitored remotely from the Global OCC in Texas.
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Midnight on Saturday at Boring Factory in Bastrop, TX!
Team is welding Prufrock-MB3, which ships to Nashville in September.
Precast concrete operation at TBC Dubai. The first phase of Dubai Loop will utilize ~25,000 segments, each weighing ~4,000 pounds. Total tunnel weight: ~100 million pounds!
TBC is hiring exceptional mechanical, electrical, civil, software, and field engineers in Bastrop, Las Vegas and Nashville.
Apply for the July 1 Boring Factory video tour, and hear directly from the engineers who are designing/building Prufrock and trying to Beat The Snail!
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Prufrock-MB2 is ready to mine in Nashville! MB2 commissioning is complete, including the brief 11 rpm rotation shown here.
Will MB2 catch up to MB1, who had quite the head start?
And Prufrock-MB3 ships in August!
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Tunneling in 3 geologies in 3 cities - Las Vegas clay/caliche, Nashville limestone, and Bastrop sandy clay
See how Prufrock continuously mines - pushing and building at the same time.
The machines, from Las Vegas to Dubai, are remotely controlled from our Bastrop Operations Center.
These advances help TBC deliver more miles each year in the battle against soul-destroying traffic.
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Join tunneling – the underground movement
Elon Musk on why tunnels became reality:
“Everyone thought it was a joke. We made it a company”
The idea behind The Boring Company is actually simple physics and geometry:
Cities are becoming vertically 3D with massive skyscrapers and dense urban centers, yet transportation systems are still mostly trapped in 2D surface streets
That mismatch creates unavoidable congestion
A fully 3D transport network with tunnels running beneath cities could theoretically scale to almost any traffic level while dramatically reducing surface congestion
Elon says there’s still enormous opportunity in tunneling and surprisingly only few companies taking it seriously
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The long journey of rock in Nashville
Hiring Welders, CWIs, and Electrical Techs in Bastrop, TX!
Apply for the May 28 Boring Factory event (and see Prufrock!) if you’re:
-A strong flux-core welder, or can run a high-output shop
-An eTech who can build high-power panels and cable assemblies
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The view of the rock directly in front of Prufrock-MB1 in Nashville.
This shot is only possible when Prufrock-MB1 “shifts into reverse” and backs up from the rock face, allowing detailed inspection of the cutterhead.
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Transporting Prufrock-2 across Las Vegas!
This TBM section weighs ~465,000 lb and The Monster (beneath the TBM) weighs ~140,000 lb.
Prufrock-2 will next re-launch directly off The Monster to build its 5th tunnel.
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Had a great time touring
@boringcompany's Music City Loop launch site with faculty, staff and students from
@VUMChealth Department of Biomedical Informatics. Can't wait to get from my office to
@Fly_Nashville in 9 minutes! The future of transportation is coming to
@visitmusiccity
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TBC is excited to announce the first residential Music City Loop station agreement, serving those living at the beautiful Prime, Alcove, and Paramount towers in downtown Nashville.
Residents will take an elevator directly to a Loop station within the building, board a Tesla, and be at the airport in ~9 minutes or Lower Broadway in ~2 minutes.
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Prufrock-MB2 has arrived in Nashville