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Elon Musk's Boring Co. Raises $113 Million In Venture Capital Funding | CNBC

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CNBC's Phil LeBeau reports on Elon Musk's Boring Company has raised $113 million in venture capital funding. » Subscribe to CNBC: http://cnb.cx/SubscribeCNBC About CNBC: From 'Wall Street' to 'Main Street' to award winning original documentaries and Reality TV series, CNBC has you covered. Experience special sneak peeks of your favorite shows, exclusive video and more. Connect with CNBC News Online Get the latest news: http://www.cnbc.com/ Find CNBC News on Facebook: http://cnb.cx/LikeCNBC Follow CNBC News on Twitter: http://cnb.cx/FollowCNBC Follow CNBC News on Google+: http://cnb.cx/PlusCNBC Follow CNBC News on Instagram: http://cnb.cx/InstagramCNBC Elon Musk's Boring Co. Raises $113 Million In Venture Capital Funding | CNBC
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Text Comments (36)
Claudia Aquino (11 months ago)
He deserves his success
IRON60 BITCH (11 months ago)
Electric cars aren’t green’ is a great bit of counter-intuitive headline bait, but it’s bad maths. This is how the argument goes, again and again… Electric cars have higher manufacturing emissions than normal cars. Electric cars also use electricity that has its own footprint. And put together these two factors are a ‘dirty little secret‘ that negate any climate benefit of electric cars! Read more at http://shrinkthatfootprint.com/electric-cars-green#UFm2rTXXqvBvBCH5.99
IRON60 BITCH (11 months ago)
Elon musk has not produced a single dollar in tax revenue for any of the states he operates in
A Sharma (11 months ago)
excellent now only if he can actually complete one project and turn a profit follow with hopefully by not after selling shares declaring his company is OVERVALUED.
R.C. Whitehead (11 months ago)
This is God damned SCAM to defraud taxpayers of BILLIONS upon BILLIONS of Dollars in federal grant money.
David Holcomb (11 months ago)
z z (11 months ago)
So much rubbish in a tiny clip.
Tyler H (11 months ago)
Got 6 brand new boring hats, who wants to buy?
Salty Bear (11 months ago)
Lots of drownings. Don't go in the tunnels.
David Holcomb (11 months ago)
Salty Bear what?😂🤣libtards
nlitenurmind (11 months ago)
Trump 2020! 🇺🇸🇺🇸🇺🇸
god emperor almighty forefather TRUMP (11 months ago)
113 million big money in 1975
David Rook (11 months ago)
Yeah, 113 mil don't even buy a quarter of the equipment needed.
Jasen Jahn (11 months ago)
Shilonious Monk (11 months ago)
Richard Indi (11 months ago)
Like he could ever get around the bureaucratic mess of whatever liberal city it's gonna try to start in. Delayed 10 years, you say....
Scottie Lambert (11 months ago)
Richard Indi I can only hope it's my city you right wing bitter Nancy.
David Rook (11 months ago)
skittlebeape. "Richard Indi" is right, and it will most definitely take more than 10 years in any Democrat ran city.
skittlebeape (11 months ago)
Richard Indi he is building underground tunnels that will eventually carry thousands and/or millions of people. It won't take "10 years" but it should be thought out and thoroughly checked and not rushed just be because permits are annoying. The amount of things that can go wrong are endless. Again, it's a tunnel in a metropolitan area, not a backyard shed. It should take a while
IRON60 BITCH (11 months ago)
When is musk going to start paying taxes Elon Musk's growing empire is fueled by $4.9 billion in government subsidies Tesla Motors Inc., SolarCity Corp. and Space Exploration Technologies Corp., known as SpaceX, together have benefited from an estimated $4.9 billion in government support, according to data compiled by The Times. The figure underscores a common theme running through his emerging empire: a public-private financing model underpinning long-shot start-ups. "He definitely goes where there is government money," said Dan Dolev, an analyst at Jefferies Equity Research. "That's a great strategy, but the government will cut you off one day."
IRON60 BITCH (11 months ago)
Nikhil Pande I hope he continues and invents incredible things that change the lives of everybody but why should people who are not benefiting from it have to subsidize him
IRON60 BITCH (11 months ago)
Nikhil Pande Name one product that is currently being sold that is generating income via taxes for the people who pay all the bills the taxpayers
Nikhil Pande (11 months ago)
No, you don't win because you can't even handle the fact the majority of the biggest corporations in America are heavily subsidised. You're only objective is to throw shade on the Elon Musk hype because you love playing the contrarian. Go read a book and think independently instead of being a stereotypical hypocritical internet lunatic.
IRON60 BITCH (11 months ago)
isaac spangler hahah I win hahaha
isaac spangler (11 months ago)
Ronald Hanlon stfu