Author: Small Chun
Musk's boring “Boring” tunnel company has received much attention and question since its birth. The concern is that this is the latest plaything of “Steel Valley Iron Man”, which may change the world one day, and the question is Boring. The tunnel high-speed plan is difficult to implement and does not seem realistic.
However, the lack of a warm welcome in the hometown of the United States may no longer be important to Boring.Recently, Musk said that he will participate in the Shanghai World Artificial Intelligence Conference from August 29th to August 31st, and will lead Boring to China during this period.
Although it is not clear how Boring will carry out the project in China and whether there is a first project, it should be a good thing for Musk.
Musk also hinted that Boring is willing to build underwater tunnels.
Just a few days ago, Boring announced the financing of $120 million.This financing means that Boring has received external investment for the first time, and the securities documents show that Boring has been approved to sell shares worth US$120 million. Investors include 8VC and DFJ.
In addition, about two months ago, Boring received a $48.6 million contract to build a one-mile transportation line at the Las Vegas International Convention Center. The fastest Boring will begin construction in September.
It is reported that the maximum speed of the Boring tunnel can reach 250 km/h.