Elon Musk's The Boring Company now valued at nearly $5.7 billion
CNN
The Boring Company, Elon Musk's bid to beat traffic by putting Teslas in tunnels, has raised $675 million, which it plans to use to build more of its Loop projects.
The Boring Company's new funding, announced Wednesday, comes from venture capital firms as well as real estate companies. Sequoia, a prominent Silicon Valley firm that's invested in Musk before, co-led the investment with Vy Capital. The deal values the Boring Company at nearly $5.7 billion.
Loop is a mostly underground transportation system that offers point-to-point trips between stations where people board Tesla SUVs. One Loop system is already operating in Las Vegas with three stations and 1.7 miles of tunnel at the Las Vegas Convention Center. There are plans to expand the system throughout the Vegas strip, with 51 stations over 29 miles.
Researchers are uncovering deeper insights into how the human brain ages and what factors may be tied to successful cognitive aging ((is successful the best word to use? seems like we’ll all do it successfully but for some people it may be healthier or gentler or slower?)), including exercising, avoiding tobacco, speaking a second language or even playing a musical instrument.
Chanel presented its Cruise 2024-2025 collection in Hong Kong on Tuesday, with a mix of light tweed suits, chic diving hoods and summery white dresses transporting guests to what the French label described as an “underwater reverie.”
The holiday season is nearly upon us and it’s easy for a child’s sweet tooth go wild. However, new research shows that it may be beneficial to cut back how much sugar young children consume.
Kardashian debuted a cultural artifact at Saturday’s LACMA Art+Film Gala – a diamond-lined cross pendant, once a favorite of Princess Diana.
She has been a UNICEF ambassador, a special envoy for Japan’s Foreign Ministry and the subject of themed restaurants, cafes, two amusement parks and even a maternity hospital.
Robert F. Kennedy Jr. waded into another scientific debate on Saturday by saying Donald Trump’s administration would advise that fluoride be removed from the country’s water supplies if the former president wins Tuesday’s presidential election.
Scientists say the fact that these cases were linked and solved so quickly makes it a noteworthy win.
The most hotly anticipated costume of the spooky season is here — and the “Queen of Halloween” didn’t disappoint.