Wednesday, 16 September 2026 PDT | 09:09 PM
The 1 News Alt Logo Text Smart News for Global Indians

The Boring Company is seeking $4 billion at a $20 billion valuation as Las Vegas bets pay off

Technology July 27, 2026 03:00 AM
The Boring Company is seeking $4 billion at a $20 billion valuation as Las Vegas bets pay off

The Boring Company is seeking $4 billion at a $20 billion valuation as Las Vegas bets pay off

The Boring Company is reportedly seeking $4 billion at a $20 billion valuation, a 3.5x jump from its 2022 Series C. The raise would rank TBC among the world's most valuable infrastructure startups, but the valuation rests on a Las Vegas tunnel system that has yet to prove it can scale to real cities.