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The Boring Company Eyes New Hyperloop Route in Texas
Elon Musk announced plans for a Hyperloop connection between Austin and San Antonio, aiming for a travel time of under 30 minutes.
September 20, 2026, 10:38 PM·TechCrunch

Elon Musk announced plans for a Hyperloop connection between Austin and San Antonio, aiming for a travel time of under 30 minutes.

The Boring Company has raised $3 billion in a Series D round led by the UAE, pushing the tunneling firm's valuation to $23 billion.

The Boring Company raised $3 billion in a Series D round, pushing its valuation to $23 billion, four times higher than its 2022 level.

Elon Musk's The Boring Company has reached a valuation of $20 billion following a new funding round with unique investor obligations.
