Elon Musk’s The Boring Company to build 150km of tunnels across UAE, raises Dh11 billion

US billionaire Elon Musk’s The Boring Company (TBC) will deploy more than 150 kilometres of tunnels across the UAE as part of an accelerated partnership with the country, backed by a $3 billion (Dh11 billion) Series D funding round led by the UAE and affiliated investment entities.The financing values the tunnelling and infrastructure company at $23 billion and builds on the company’s existing collaboration with the UAE on the Dubai Loop project. The company said this new agreement comes in addi...

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