Boring Company signs new Abu Dhabi tunnel deal, adds more Prufrock machines in Nashville
Elon Musk's Boring Company has signed a new tunnel agreement in Abu Dhabi and is adding more Prufrock tunneling machines to speed up its Nashville Loop project — the latest sign its Middle East expansion is accelerating after September's $3B UAE-led funding round.
According to Teslarati, Elon Musk's Boring Company has signed a new tunnel construction agreement in Abu Dhabi, United Arab Emirates. The scale and value of the deal weren't disclosed, but it marks another step forward for the company's Middle East infrastructure push.
At the same time, the company is adding more Prufrock tunnel boring machines to its Nashville Loop project to speed up construction, the report said.
The Abu Dhabi agreement follows Boring Company's $3 billion UAE-led funding round in September, which valued the company at $23 billion and outlined plans to build roughly 150 kilometers of tunnels across the UAE.
Boring Company isn't a Tesla subsidiary, but it's one of the core ventures Musk runs alongside Tesla, SpaceX and xAI. Steady contract wins and progress on its infrastructure projects are something investors watch as a proxy for execution across Musk's broader business portfolio.
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