Elon Musk's The Boring Company completed a Series D funding round that was led by the United Arab Emirates.

The Boring Company secured three billion dollars in a new funding round. This investment values the Elon Musk-founded startup at twenty-three billion dollars.

Temasek is among the investors backing tunnel start-up in its latest capital raise. Read more at straitstimes.com. Read more at straitstimes.com.