Elon Musk's net worth fell nearly 40% in a month as SpaceX and Tesla slid, while The Boring Company seeks to raise $4 billion at a $20 billion valuation. | Business News

Boring Company was valued at $5.7bn in 2022 after a $675-million fundraising exercise.

Elon Musk's The Boring Company is reportedly in talks to raise $4 billion, potentially boosting its valuation to $20 billion, up from $5.7 billion in 2022.