The Boring Company is a transportation company focused on creating a large network of tunnels levels deep to fix congestion in any city. This company was founded by Elon Musk in 2016 and is headquartered in Greater Los Angeles Area, CA.
Estimated valuation today
-98.88% since last round
Calculated based on estimated multiplier and revenue.
Estimated multiplier for The Boring Company
Calculated based on public comps and hype multiple.
Update this based on your knowledge or projections. Calculations use last 12 months revenue.
Currently selected comps have a median growth rate of 105.50%
This premium represents how much of a bonus the company receives on its valuation for its additional growth compared to the selected public comps. The valuation is multipled by the Hype Multiple to get the final valuation. You can read more about this from a16z.
The last round was 4 months ago.
We estimate company valuation by comparing it to similiar companies in the public market. The revenue multipler is calculated by taking a company's current valuation and dividing it by its total revenue.
Multiple at last round
Industry – Transportation
Last updated 5 mins ago.
With a revenue of $19M and a Hype Multiple of 1.5x,
The Boring Company is estimated to be worth $64M.