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The Boring Company Stock

Private Company · Price from Hiive
$219.25 0.00 (0.00%)
As of Sep 6, 2026
996.25%
Valuation$5.68B1, 2
Valuation DateApr 20, 2022
Implied Valuationn/a
Last Price$219.25
52-Week High$219.25
52-Week Low$20.00
YTD Return+248.90%
1-Year Return+996.25%
3-Year Returnn/a
Total Funding$905.55M3
Latest Round Amount$675M1
Latest RoundSeries C
Funding Rounds3
IPO StatusUnknown
Expected IPO Daten/a
Revenuen/a
Revenue Typen/a
P/S Ration/a

About The Boring Company

The Boring Company is a tunneling company that builds transportation, utility and freight tunnels. Its main product is Loop, an underground transit system in which electric vehicles carry passengers directly to their destination with no intermediate stops. The company operates the Vegas Loop in Las Vegas and is digging new tunnels in Nashville and Dubai using Prufrock, its own tunnel boring machine. It makes money from contracts to build tunnels and stations and from passenger fares on its Loop systems. The company was founded by Elon Musk, who also leads Tesla and SpaceX.

Founded 2016
Country United States
CEO Steve Davis
Founders Elon Musk
Headquarters Bastrop, TX

Invest in The Boring Company

The Boring Company is a private company, so you can't purchase it with a regular brokerage account. However, its shares are available on Hiive.

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News

Elon Musk's Boring Company hits $20B valuation after seeking $4B in funding

The Boring Company closed a new funding round at roughly a $20 billion valuation, according to the Wall Street Journal, nearly quadrupling its $5.7 billion 2022 Series C mark; the amount raised was no...

3 days ago - Tech Funding News

The Boring Company's Newest Tunnel Vehicle Runs on Tesla Parts and No One Is Driving It

The Boring Company unveiled Liner Truck 3 in August 2026, an all-electric remotely operated vehicle built with Tesla Model 3 batteries and drive units to haul concrete tunnel segments underground.

4 weeks ago - Teslarati

Boring Co. Vegas Loop station opens at north Strip resort

Sahara Las Vegas opened a Vegas Loop station, extending the underground transit system to the northern end of the Las Vegas Strip.

4 weeks ago - Las Vegas Review-Journal

Boring Company adds JW Marriott stop as Nashville tunnel project expands

The Boring Company added JW Marriott as a Music City Loop station and launched its second tunnel-boring machine as Nashville tunnel work targets an early 2027 passenger opening.

4 weeks ago - The Tennessean

Music City Loop blog: Prufrock-MB2 launches, MB3 arriving in September

The Boring Company said Prufrock-MB2 is tunneling in Nashville and Prufrock-MB3 is scheduled to arrive in September as the Music City Loop expands station planning.

5 weeks ago - The Boring Company

Dubai Loop work begins as production starts on 45,000-tonne tunnel lining

Construction of the first phase of the Dubai Loop has moved into execution, with precast tunnel segments being manufactured at EnergyX's Dubai facility while Prufrock boring machines excavate the pilo...

5 weeks ago - ZAWYA

Elon Musk's Boring Company reportedly raising funding at a $20B valuation

The Wall Street Journal reported The Boring Company is in talks to raise about $4 billion at a $20 billion valuation; the deal has not closed and terms could still change.

6 weeks ago - TechCrunch

Dubai Loop construction under way with 45,000 tonnes of concrete to be used in tunnel project

Construction of the first phase of the Dubai Loop has begun, with 25,000 precast concrete segments totaling 45,000 tonnes slated for the underground transit project developed with Dubai's RTA.

2 months ago - The National

Elon Musk's Boring Company signs deal to begin Dubai Loop project

The Boring Company signed a definitive agreement with Dubai's RTA at the World Governments Summit 2026, marking its first tunneling project outside the United States.

7 months ago - Teslarati

RTA signs agreement with The Boring Company to commence Dubai Loop passenger tunnel project

Dubai's Roads and Transport Authority signed a strategic partnership with The Boring Company to build the Dubai Loop, starting with a 6.4 km pilot route linking DIFC and Dubai Mall with four stations.

7 months ago - Dubai Media Office

The Boring Company and Dubai RTA sign agreement for Dubai Loop

The Boring Company signed a definitive partnership with Dubai's Roads and Transport Authority on Feb. 3, 2026 to begin implementing the Dubai Loop underground passenger tunnel project.

7 months ago - The Boring Company