Musk’s Boring Co. Pushes Investors for Recruiting, Business Help

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Boring Co., owned by Elon Musk, is seeking recruitment assistance and commercial support from investors to advance the development of its underground tunnel transportation project.

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Boring Co.Elon Musk

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Elon Musk1
Boring Co.1

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W WSJ Tech (WSJD) en 2026-09-04 07:53

The tunnel-digging company Boring Company, owned by Tesla founder Elon Musk, made special requirements of investors in its latest financing round, requiring them to participate in recruitment and business assistance. By doing this, the company encouraged investors to be more deeply involved in its operations, aiming to gain talent support and accelerate business development. This financing activity marked that while seeking capital, the startup imposed substantial work participation obligations on backers, different from those of traditional investors.