Boring Company Gets $3B for UAE Tunnels | Dubai News

Elon Musk’s The Boring Company just landed a $3 billion funding boost, catapulting its valuation to $23 billion—and it’s all aimed at building 150 kilometers of tunnels across the UAE, making Dubai the next big city to embrace underground transit. Backed by major investors like Shamal Holding, this massive infusion accelerates existing projects like the Dubai Loop and proves the company’s tech is ready for scale—with 4 million passengers already using their Vegas system since 2021. While past tunnel ambitions faced delays, this new round signals strong investor confidence in Musk’s vision for faster, efficient underground travel—already expanding into Nashville too. The future of subterranean mobility is officially accelerating. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/5191c041407b5a75