Players/The Boring Company The Boring Company
Privately-held Tunnel Boring Operator (Bastrop, TX)
Delaware C-corp incorporated December 17 2016 as SpaceX subsidiary; spun out April 2018. Headquartered Bastrop, Texas — adjacent to SpaceX Bastrop, ~25 miles from Tesla Giga Texas. Founder Elon Musk; President Steve Davis. ~270-400 employees. Series C April 2022 raised $675 million at $5.675 billion post-money valuation; $908 million cumulative private capital.
Operational Footprint as of March 2026: 4.54 miles of bored tunnel in Las Vegas Convention Center Loop + Resort Loop expansions. 5 stations operating. Master plan approved by Clark County and City of Las Vegas: 68 miles / 104 stations / target 90,000 passengers/hour. Texas: Bastrop Cybertunnel autonomously moves Tesla Cybertrucks off Giga Texas factory floor. Prufrock-4 TBM in test 2024-2026 (797,000 lbs, 4.7M lbs thrust, target 7 miles/day in hard rock).
Inactive: Chicago O'Hare Express (cancelled 2019), original Maryland-DC Loop, LA Sepulveda. Report #85 (May 8 2026) audited the operator-class pre-positioning thesis. H1 falsified at qualitative threshold (named dual-use patents verified as Boeing's, not TBC's). H2/H3/H4 confirmed on independent evidence.
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