The Boring Company

Hawthorne

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.

The Boring Company's valuation today

Estimated valuation today

$64M

-98.88% since last round

Calculated based on estimated multiplier and revenue.

Estimated multiplier for The Boring Company

3.37x revenue

Calculated based on public comps and hype multiple.

Revenue

Update this based on your knowledge or projections. Calculations use last 12 months revenue.

million

Hype Multiple

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.

multiple

Shares are worthless

In an event of a merger or aquisition, the investors will get their money back first. In this case, the investors got paid out first and there is no money left which means employee common stock is worthless.

Last round

The last round was 4 months ago.

Date

April 2022

Valuation

$5.7B

Amount raised

$676M

Public market comparisons

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

3.74x revenue

Today's multiple

2.25x revenue

Change

-39.92%

Companies

Industry – Transportation

Last updated 5 mins ago.

RemoveNameTicker Price multiple
The Boring Company

2.25x
Uber Technologies Inc

UBER

2.25x
LYFT Inc

LYFT

1.62x
Tesla Inc

TSLA

13.87x
Lucid Group Inc

LCID

389.55x
Xpeng Inc

XPEV

0.77x
Valuation history
Fundraising rounds
DateRound Amount raised
Price per share (Preferred)
Valuation
Apr 2022Series C$675.86MM$19.59$5.68B
Jul 2019Series B$117.07MM$3.59$911.85MM
Apr 2018Series A$112.63MM$1.00$237.77MM

With a revenue of $19M and a Hype Multiple of 1.5x,
The Boring Company is estimated to be worth $64M.