{"id":4263,"date":"2026-08-09T13:51:22","date_gmt":"2026-08-09T13:51:22","guid":{"rendered":"https:\/\/smartinvestingschronicle.com\/index.php\/2026\/08\/09\/elon-musks-boring-company-is-raising-money-at-a-20-billion-valuation-heres-how-his-empire-outside-tesla-is-growing\/"},"modified":"2026-08-09T13:51:22","modified_gmt":"2026-08-09T13:51:22","slug":"elon-musks-boring-company-is-raising-money-at-a-20-billion-valuation-heres-how-his-empire-outside-tesla-is-growing","status":"publish","type":"post","link":"https:\/\/smartinvestingschronicle.com\/index.php\/2026\/08\/09\/elon-musks-boring-company-is-raising-money-at-a-20-billion-valuation-heres-how-his-empire-outside-tesla-is-growing\/","title":{"rendered":"Elon Musk&#8217;s Boring Company Is Raising Money at a $20 Billion Valuation. Here&#8217;s How His Empire Outside Tesla Is Growing."},"content":{"rendered":"<div>\n<h2>Key Points<\/h2>\n<ul>\n<li>\n<p>The Boring Company is reportedly raising $4 billion at a $20 billion valuation &#8212; nearly four times its 2022 price tag &#8212; as its Vegas Loop prepares to expand to the airport.<\/p>\n<\/li>\n<li>\n<p>Neuralink&#8217;s brain-computer interface is now implanted in 21 patients, and the company is targeting $1 billion in annual revenue by 2031, pending FDA approval.<\/p>\n<\/li>\n<li>\n<p>Musk&#8217;s personal acquisition of APR Energy for over $1 billion positions him to profit from data centers desperate for fast power solutions while waiting on grid connections.<\/p>\n<\/li>\n<li>These 10 stocks could mint the next wave of millionaires \u203a<span id=\"pit-c124292f-ef23-4c78-9d6c-cfdb9b594b25\" style=\"display:none\"\/><\/li>\n<\/ul>\n<p>The Boring Company, Elon Musk&#8217;s tunneling venture, is in talks to raise roughly $4 billion in a private stock offering at a valuation of about $20 billion, according to a report from The Wall Street Journal. The last time it was formally priced, back in 2022, the number was $5.7 billion. That&#8217;s a nearly fourfold increase in four years. <\/p>\n<p>So what are private investors paying for? And what about Musk&#8217;s other, smaller ventures outside of <strong>Space Exploration Technologies<\/strong> <span class=\"ticker\" data-id=\"694534\">(NASDAQ: SPCX)<\/span> and <strong>Tesla<\/strong> <span class=\"ticker\" data-id=\"224257\">(NASDAQ: TSLA)<\/span>? <\/p>\n<p><strong>Missed Nvidia in 2009? This Rare Signal Is Flashing Again.<\/strong> <span>In 2009, a &#8220;Double Down&#8221; signal flashed for a little-known chipmaker called Nvidia.<\/span> For the first time in years, that same &#8220;Total Conviction&#8221; signal is flashing for a company 1\/100th the size of Nvidia. <span style=\"text-decoration: underline;\"><strong>Continue \u00bb<\/strong><\/span><\/p>\n<p><span id=\"pit-8e092127-f005-4aa7-8b0a-bd2c477d10f7\" style=\"display:none\"\/><\/p>\n<p class=\"caption\">Image source: Getty Images.<\/p>\n<h2>What is the Boring Company and what&#8217;s it been up to?<\/h2>\n<p>The Boring Company is so-named because that&#8217;s what it does: bores through the earth. The massive tunnels are then converted into &#8220;hyperloops&#8221; in which Tesla&#8217;s cars can travel rapidly, without traffic, between major hubs. That&#8217;s the idea, at least.<\/p>\n<p>The company&#8217;s Las Vegas Loop has moved more than 4 million passengers across 11 stations and will soon expand to include the nearby Harry Reid International Airport. This, according to the company, will take annual ridership from around 1 million to between 5 million and 10 million. Outside of Las Vegas, projects are planned in both Nashville, Tennessee, and Dubai, United Arab Emirates.<\/p>\n<p>The progress has not been without issue, however. The Vegas Loop still handles relatively little traffic, and firsthand reports of using the service leave many wanting more. It&#8217;s also run afoul of Nevada environmental regulators, who sent the company a cease-and-desist letter in September 2025 alleging roughly 100 violations of an earlier settlement and 689 missed inspections. The company disputes that letter.<\/p>\n<h2>Neuralink is making real progress &#8212; but commercialization is still years away<\/h2>\n<p>Neuralink, which is working to connect the human brain directly to computers, has made some real strides recently. Its brain-computer interface (BCI) &#8212; a chip that reads brain signals so a paralyzed person can control a computer by thinking &#8212; is already working and implanted in patients. Enrollment reached 21 people in January, up from 12 the previous September. <\/p>\n<p>The company says it aims to reach $1 billion in annual revenue by 2031, though the U.S. Food and Drug Administration (FDA) will have to give its regulatory approval for any commercial deployment. <\/p>\n<h2>Musk just bought a power company for over $1 billion<\/h2>\n<p>In May, Musk personally bought APR Energy, a Florida company that rents trailer-mounted turbines and generators. A minority investor&#8217;s disclosure implies a price above $1 billion. <\/p>\n<p>APR has customers and projects in more than 35 countries and equipment that it can install in a month or two. Data centers waiting years for a grid connection will pay for that. SpaceXAI, for instance, has relied heavily on gas turbines at its Memphis Colossus data center.<\/p>\n<h2>What does this mean for you?<\/h2>\n<p>These are private ventures. You can&#8217;t buy shares in any of these companies, so why does it matter? Well, if you&#8217;re a SpaceX or Tesla investor, it&#8217;s a good idea to understand Elon Musk&#8217;s whole business ecosystem. There&#8217;s a good chance that at some point, one or more of these will be acquired by one of his public ventures &#8212; most likely SpaceX.<\/p>\n<p>But if you ask me, none of them are promising enough to really move the needle for SpaceX or Tesla. I still consider both stocks overvalued.<\/p>\n<h2>Where to invest $1,000 right now<\/h2>\n<p>When our analyst team has a stock tip, it can pay to listen. After all, Stock Advisor\u2019s total average return is 968%* \u2014 a market-crushing outperformance compared to 215% for the S&amp;P 500.<\/p>\n<p>They just revealed what they believe are the <strong>10 best stocks<\/strong> for investors to buy right now, <strong><span style=\"font-weight: 400;\">available when you join<span> <\/span><\/span><span style=\"font-weight: 400;\">Stock Advisor.<\/span><\/strong><\/p>\n<p><strong>See the stocks \u00bb<\/strong><\/p>\n<p class=\"disclaimer\" style=\"font-size: 0.65rem; color: #767676; margin-top: 5px; text-align: left;\">*Stock Advisor returns as of August 9, 2026. <\/p>\n<p><span id=\"pit-a42113dd-e07a-4d8c-8c43-34856e8e21c0\" style=\"display:none\"\/><\/p>\n<p>Johnny Rice has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Tesla. The Motley Fool has a disclosure policy.<\/p>\n<p class=\"body__disclaimer\">The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.<\/p>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Key Points The Boring Company is reportedly raising $4 billion at a $20 billion valuation &#8212; nearly four times its 2022 price tag &#8212; as its Vegas Loop prepares to expand to the airport. Neuralink&#8217;s brain-computer interface is now implanted in 21 patients, and the company is targeting $1 billion in annual revenue by 2031, [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":4204,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[],"class_list":["post-4263","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-stock"],"_links":{"self":[{"href":"https:\/\/smartinvestingschronicle.com\/index.php\/wp-json\/wp\/v2\/posts\/4263","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/smartinvestingschronicle.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/smartinvestingschronicle.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/smartinvestingschronicle.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/smartinvestingschronicle.com\/index.php\/wp-json\/wp\/v2\/comments?post=4263"}],"version-history":[{"count":0,"href":"https:\/\/smartinvestingschronicle.com\/index.php\/wp-json\/wp\/v2\/posts\/4263\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/smartinvestingschronicle.com\/index.php\/wp-json\/wp\/v2\/media\/4204"}],"wp:attachment":[{"href":"https:\/\/smartinvestingschronicle.com\/index.php\/wp-json\/wp\/v2\/media?parent=4263"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/smartinvestingschronicle.com\/index.php\/wp-json\/wp\/v2\/categories?post=4263"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/smartinvestingschronicle.com\/index.php\/wp-json\/wp\/v2\/tags?post=4263"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}