Musk's bad week: Tesla suffers worst slump since 2022, SpaceX drops ahead of Starship test flight
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- Dawn Business PK·3h agoElon Musk’s firm eyes $20 billion valuation
WASHINGTON: Elon Musk’s tunnel construction startup, the Boring Company, is in talks to raise new funding that would value it at about $20 billion, the Wall Street Journal said, citing people familiar with the talks. Musk, whose business interests include Tesla, SpaceX and…
Read at Dawn Business PK → - SBS News·22h ago'Very volatile stock': A caution to Tesla investors as Musk doubles down on AI
While Musk argues Tesla's large spending is essential for future growth, it could take some time before any investments pay off.
Read at SBS News → - ET Tech·1d agoElon Musk's Boring Company seeks funding at $20 billion valuation: WSJ
The Boring Company was valued at $5.7 billion in 2022 after a $675-million fundraising exercise. Musk, whose business interests include Tesla, SpaceX and Neuralink, founded the company to develop tunneling technology and transport systems to carry passenger pods through…
Read at ET Tech → - CNBC Top News·1d agoMusk's bad week: Tesla suffers worst slump since 2022, SpaceX drops ahead of Starship test flight
Tesla shares plunged almost 18% this week after the company missed on earnings and turned cash flow negative.
Read at CNBC Top News →
