If you've ever crawled down I‑35, this one will catch your eye. Elon Musk posted on X that his tunneling outfit is working on a Texas project to link Austin and San Antonio. He added that, thanks to congestion, "that journey can currently take up to 2.5 hours," and claimed "@BoringCompany can reduce that to a consistent <30 mins."
Boring Co. said it secured $3 billion in fresh funding this month, designating the capital to roll out below‑ground transit systems throughout the United Arab Emirates. Read More: Musk's Boring Co. Raises Funds at Valuation of $23 Billion.
The company has its Vegas Loop up and running, began construction on a Nashville tunnel this year, and says work on its Dubai Loop is slated to begin in late 2026. Despite the bold roadmap, it has relatively few completed wins so far.
Big announcements grab attention, but steady steps protect and grow your savings. Join Briefs Finance CEO Jaspreet Singh on September 29th for a FREE live investor workshop, How to Profit From A Dollar That's Losing its Value, where he shows how we're spotting investment opportunities as the dollar falls. Save your spot.
Closer to home, Bloomberg News reported last year, citing people with knowledge of the plans, that Boring is constructing tunnels in Bastrop, Texas, to link properties owned by Musk and to enable staff from Boring, SpaceX, Tesla, and X to move between them. For everyday investors, the read‑through is simple: big visions can take time to materialize, and the gap between raising capital and delivering projects is where execution really shows.
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