[WSJ: Elon Musk's The Boring Company Valuation Could Reach $20 Billion in New Funding Round] BlockBeats News, July 25, according to a WSJ report, The Boring Company, a tunnel construction company founded by Elon Musk, is seeking new funding support. The new funding round is expected to bring the company's valuation to approximately $20 billion. Founded in 2016, The Boring Company primarily develops underground transportation tunnel technology aimed at alleviating urban traffic congestion. The company is currently operating the Vegas Loop project in Las Vegas, USA, and plans to expand underground transportation networks to more cities. [Original Link]