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The Boring Company

Building underground transportation tunnels for urban travel.
Transportation 📍 Bastrop, Texas, USA Founded 2016
Current Valuation
$5.7B
as of 2022-Q2
UNICORN

IPO Outlookprivate

Is The Boring Company going public?
No. The Boring Company is private and has not filed to go public. There is no S-1 on file.
What is The Boring Company's valuation in 2026?
The Boring Company is valued at $5.7B as of 2022-Q2, set by its Series C ($675M, Apr 2022). That is the last confirmed mark, not a live price — private shares do not trade continuously.
Has The Boring Company filed an S-1?
No public S-1 is on file for The Boring Company.
Who are The Boring Company's investors?
The Boring Company's investors include Vy Capital, Sequoia Capital, Founders Fund, DFJ Growth, 8VC, Valor Equity Partners.
Answers are derived from the roster record shown on this page — filing status, last round and confirmed marks. Where the record is silent, the answer says so rather than guessing.
The Boring Company is Elon Musk's tunnel-construction venture building underground EV transit systems, with its flagship Vegas Loop already operating beneath the Las Vegas Convention Center and expanding to a city-wide network. Last priced at ~$5.7B in April 2022 on a $675M Series C led by Vy Capital and Sequoia.

Company Profile

CEO
Steve Davis
Founded
2016
HQ
Bastrop, Texas, USA
Employees
~250
Total Raised
$800M
Last Round
Series C — $675M (Apr 2022) · Lead: Vy Capital and Sequoia Capital
IPO Status
private

Fundraising Status

Series C · $675M · 4y 4mo ago
privateTotal raised $800M

Secondary Market

Implied price / share
$168.67
Last round price / share
$19.59
vs last round
+761.0%
Open interest
14
Last round price vs secondary price
Last round vs current secondary price per share$19.59Last round$169Current
Secondary price return by period
Secondary market period returns3-month+148%6-month+174%1-year+87.4%All-time+462%
Implied per-share price from private secondary transactions, as of Jun 2026. This is a point estimate, not a quote — the feed carries no bid, ask or spread, and a secondary print is evidence of what someone paid on that date rather than a live market. Compare across every tracked name →

Latest Funding Round

RoundAmountDateLead InvestorPost-Money
Series C$675MApr 2022Vy Capital and Sequoia Capital

Talent Signal

No public careers page or job board could be found for The Boring Company as of 2026-08-17. That itself is a datapoint: no open external hiring surface.
Checked the company site and major hosted job boards. Re-checked monthly.

Founders & Key People

Elon Musk

Investors

Vy Capital · Sequoia Capital · Founders Fund · DFJ Growth · 8VC · Valor Equity Partners

Products

  • Las Vegas Loop
  • Prufrock tunnel boring machine
  • Vegas Convention Center Loop

Competitors

Traditional tunnel-construction firms (Bechtel, Kiewit) · Hyperloop concepts
transportationconstructiontunnelselon muskinfrastructure
Private-company numbers are not real-time. Reflects publicly disclosed valuations from press releases, news reports, and tender offers as of 2022-Q2. Refreshed quarterly.