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Elon Musk just gave over $100 million to the Boring Company

The funding was revealed in an SEC document, and the company confirmed that Musk provided most of the funds, reports Recode. In total, Musk’s Boring Company raised $113 million with Musk contributing over 90% of the funds. The remainder of the funds came from early employees. There’s no word yet on how the Boring Company … Continue reading “Elon Musk just gave over $100 million to the Boring Company”

Elon Musk just gave over $100 million to the Boring Company
[Photo: Heisenberg Media/Wikimedia Commons]

The funding was revealed in an SEC document, and the company confirmed that Musk provided most of the funds, reports Recode. In total, Musk’s Boring Company raised $113 million with Musk contributing over 90% of the funds. The remainder of the funds came from early employees. There’s no word yet on how the Boring Company will use the funds, but it’s a refreshing change to see the company raising funds the old-school way instead of only relying on selling flamethrowers.

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About the author

Michael Grothaus is a novelist, journalist, and former screenwriter. His debut novel EPIPHANY JONES is out now from Orenda Books. You can read more about him at MichaelGrothaus.com

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