Boxabl was founded in 2017 by Galiano Tiramani and Paolo Tiramani. The company states that "in the future we intend go public through IPO, SPAC, or direct listing." These comments should not be interpreted to mean that the company is formally pursuing or foregoing an IPO.
Boxabl is a construction company that designs and ships complete modular homes that can be assembled on-site. The company is notable for its use of a crowdfunding investment strategy that has raised more than $3 million. The company, based in Las Vegas, reports that its factory will be capable of producing one house every 90 minutes, and predicts $180 million in annual revenue. Boxabl's flagship product, the Casita home, ships to California for $50,000 and can be assembled in under an hour. The company has a post-money valuation of $2.5 billion.