The Boring Company was founded in 2016 by Elon Musk. In October 2023, Reuters reported that the company’s shares rose over 22% in employee share sale shares, with The Boring Company reportedly having an “implied valuation of over $7 billion.” The Boring Company has not officially endorsed a plan to participate in an IPO.

The Boring Company is a tunnel service provider with a mission to reduce traffic. Per Forge data, The Boring Company has raised a total of $908 million in funding over 4 rounds, with the latest funding raised on Oct 23, 2023, being from a Secondary Market round. Key investors include Sequoia Capital and Vy Capital.

These comments should not be interpreted to mean that the company is formally pursuing or foregoing an IPO.

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Learn more about The Boring Company

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What is The Boring Company's IPO price?

The IPO price for The Boring Company will be known only if it becomes public. However, you may access the "Price At Last Round" and the "Implied EV" for publicly traded comparable companies with Forge Data.
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Can you invest in The Boring Company?

The Boring Company is a privately held company and is not publicly traded on NYSE or NASDAQ in the U.S. To buy pre-IPO shares of a private company, you need to be an accredited investor. Learn more about how to invest in the private market or register today to get started.

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Can you sell The Boring Company shares pre-IPO?

If you own The Boring Company pre-IPO shares and are considering selling, you can find what your shares could be worth on Forge’s secondary marketplace.

Our Private Market Specialists are available to answer any questions you might have and can help connect you with a buyer from our network of 125,000 accredited investors and institutions. You can also learn more about how to sell your private shares before getting started.

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Is The Boring Company a publicly traded company?

The Boring Company is a private company and not publicly traded.

If you are interested in buying or selling private company shares, you can register with Forge today for free to explore your options. Registering gives you access to one of our Private Market Specialists who can guide you through the process of buying or selling. Learn more about how Forge might help you buy pre-IPO shares or sell pre-IPO shares.

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What is The Boring Company's funding to date?

The Boring Company has raised $905.55MM to date.
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When was The Boring Company founded?

The Boring Company was founded in 2016.

Who are The Boring Company's major investors?

Craft Ventures
8VC
Valor Equity Partners
Tao Capital Partners
Vy Capital
K5 Global
GigaFund
Dreamers VC

The Boring Company Funding Rounds and Last Known Valuation

Date Funding Round Funding Raised Price per Share Last Known Valuation
4/20/2022 Series C $675.86MM raised $XXX.XX $XXX.XX
7/26/2019 Series B $117.07MM raised $XXX.XX $XXX.XX
4/16/2018 Series A $112.63MM raised $XXX.XX $XXX.XX
Based on primary financings
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Updated on: Dec 12, 2023

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Public news articles listed on this page have been curated by Forge based on several factors including, but not limited to, product updates, changes in organization structure, funding rounds, third-party valuations, and key personnel changes. Changes to this list of articles can be made at any time without notice and should not be relied upon for investment purposes. Forge does not verify the accuracy of the information contained in public news articles.