Elon Musk's Anything But 'Boring' Company - New Funding Secured

[Bryan Noth]

Austin just secured its largest venture investment ever.  The Boring Company raised $675M and has been turning heads with growing activity.  

The company is now Headquartered in Pflugerville, an adjacent suburb in East Austin.  There are currently 40 job postings for the company and many rumors of projects up ahead including:

-Pedestrian tunnels in Kyle (South of Austin)

-Transit tunnels in San Antonio, connecting the airport to downtown

-A development facility in Bastrop (SouthEast of Austin)

With the recent news of the large capital investment there may well be more projects announced soon.  

Article link here:

https://www.bizjournals.com/au...