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THE BORING COMPANY
The Boring Company
Infrastructure / tunnel construction · Bastrop, Texas · United States · Founded · 2017 · ≈ · 400 · employees

The Boring Company — Valuation, Funding & Investors

Private

The Boring Company is a private company building in infrastructure / tunnel construction, founded in 2017. Investors last valued the company at $20B (rumored). The stock is not listed on any public market.

ProfileValuationFundingCompetitorsStock & IPOHow to invest
The Boring Company at a glance
Last valuation
$20B
RUMORED · JUL 2026
Raised across rounds
$7.9B
6 rounds
IPO status
Private
no listing announced
Nearest Canborsa market
SP500—
SP500-PERP · live
Valuation history

The Boring Company valuation history

2 valuations. The latest, $20B rumored, was set by the Series Funding Round in Jul 2026.

$20B
Apr 2022
$5.7B
Series C · post-money
Jul 2026
$20BLATEST
Series Funding Round · rumored
+252% vs prior valuation
Latest valuation
$20Brumored
Set by the Series Funding Round · 25 Jul 2026
×3.5since the $5.7B Series C in Apr 2022
Valuations
2
Priced rounds with a valuation
Event type
Primary round
The Series Funding Round · $4B raised
Undated: Series A at —; Series D at $23B (post-money); Secondary sale at —.
Funding history

The Boring Company funding rounds — every disclosed raise

Round
Date
Amount
Valuation
Lead investors
Δ valuation
Series B (outside funding)
Jun 2019
$120M
—
—
—
Series C
Apr 2022
$675M
$5.7B
Vy Capital, Sequoia Capital
—
Series Funding Round
Jul 2026
$4B
$20B
—
+252.4%
Series A
—
$113M
—
Elon Musk
—
Series D
—
$3B
$23B
United Arab Emirates
—
Secondary sale
—
$8.5M
—
—
—
The Boring Company · investors

Investors

UUnited Arab EmiratesLEADEElon MuskLEADVVy CapitalLEADSSequoia CapitalLEADVValor Equity PartnersFounders Fund8VCCraft VenturesDDFJ Growth
Will The Boring Company IPO?
Founded
2017
Jun 2019
Series B (outside funding)
Jul 2026
Series Funding Round · $20B
IPO
Not announced
No filing has been made.
The Boring Company — the private market
Last valuation$20B · rumored · Jul 2026
Total raised$7.9B
Lead investors
United Arab EmiratesElon MuskVy CapitalSequoia Capital
IPO statusNot announced
Founded · HQ2017 · Bastrop, Texas · United States
Employees≈ 400
Next price updatethe next funding round or secondary sale
Between roundsno daily price and no order book
About The Boring Company

The Boring Company is an American infrastructure and tunnel-construction company founded by Elon Musk. It started in 2017 as a subsidiary of SpaceX and was spun off into its own corporation in 2018, and it now designs and manufactures its own tunnel boring machine, Prufrock. Its flagship project, the Vegas Loop, has already transported more than 4 million passengers through 14 stations with transit times of two to eight minutes. The company is headquartered in Bastrop, Texas.

Beyond Las Vegas, The Boring Company is building the Music City Loop in Nashville and has signed a contract for the pilot phase of the Dubai Loop, connecting the Dubai International Financial Centre to the Dubai Mall.

The money screen · ranked by accessibility

How to get The Boring Company exposure today

1Funds that hold private namesPublic wrappers

Listed funds carry late-stage private names. A fund's latest schedule of investments shows whether it holds The Boring Company.

Often trade at a premium or discount to NAV.

Any brokerage account
2Secondary marketplacesPrivate shares

Platforms match existing holders with buyers. The Boring Company availability at any moment is set by the holders.

High minimums, transfer approval, company right-of-first-refusal.

Accredited only
3Follow the companyCompanies directory

Valuations, rounds and IPO status for every company in the directory — The Boring Company included.

No account needed

The Boring Company stock — frequently asked questions

Is The Boring Company publicly traded?›

No. The Boring Company is a private company; its shares do not trade on a public exchange.

What is The Boring Company's valuation?›

The last valuation is $20B (rumored, Jul 2026).

Who has invested in The Boring Company?›

Lead investors for each round are in the funding timeline.

Who are The Boring Company's competitors?›

The closest infrastructure / tunnel construction peers are on the competitors page.

How can I get exposure to The Boring Company?›

The routes section explains what is realistically available for a company at this stage.

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