Musk’s Boring Co. Gets $23 Billion Valuation

What happened

Elon Musk's Boring Co. secured $3 billion in fresh investment backed by the United Arab Emirates and affiliated entities, in a funding round valuing Elon Musk’s tunneling startup at $23 billion. Bloomberg's Kiel Porter has the details and joins Ed Ludlow on "Bloomberg Tech." (Source: Bloomberg)

Summary assembled by rule from the sources below

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