Overview
The Boring Company, founded by Elon Musk, builds tunnels with its own boring machines and operates underground transport systems in which passengers travel in electric cars, such as the Las Vegas Convention Center Loop. CB Insights values it at US$23bn and records its entry to the unicorn list in April 2022, naming VY Capital, 8VC and Craft Ventures among its investors.[1] It is listed under Bastrop, Texas, in the industrials category.[1] SpaceX in the industrials category, which has 226 companies and is the third-largest category on the tracker by count after enterprise technology and financial services.[1] SpaceX, another company led by Musk, left the private unicorn lists when it went public in June 2026.[4]
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The Boring Company peers and competitors
Companies ranked in the same lists as The Boring Company.
Anthropic
Figure AI
Etched
Kalshi- Epic Games
Mistral AI
OKX- Safe Superintelligence
Crusoe
Fanatics
Canva- Ripple
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