Elon Musk's Boring Co. raises almost $113 million, mostly from Musk

The company has already dug a tunnel across from SpaceX’s headquarters with a boring machine it purchased. Last month, Musk said the company’s tunnels and Hyperloop plans would prioritize pedestrians and cyclists over cars. Passengers would load into a pod with large windows that’s lowered underground before it speeds on a track, according to a video Musk tweeted in March.