Boring Co. Shares Rise Over 22% in Employee Share Sale

Boring Co. Shares Rise Over 22% in Employee Share Sale

Upworthy

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Elon Musk’s The Boring Company has sold shares owned by employees and investors at a price over 22% higher than in a funding round for the tunneling startup last year, according to two people familiar with the matter. The most recent price gives the startup an implied valuation of over $7 billion…

#boringcompany #sequoiacapital #vycapital #seriesc

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