Elon Musk Raised $3 Billion – and Asked Investors for Something Money Can’t Buy

InvestorPlace

Yesterday

Meet Luke Lango The Boring Company raised $3 billion at a $23 billion valuation, roughly quadrupling its valuation from its 2022 funding round. Some investors were asked to help recruit workers...

Source Link

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

{"basename":"","ssrTDKData":{"titleTemplate":"%s - Tiger Brokers","title":"Tiger Brokers HK | Online Trading in stocks, bonds & ETFS","description":"Discover Tiger Brokers HK, an online trading platform for stocks&ETFs, options&futures, bonds and crypto. Open an account to enjoy low commission trading today!","keywords":"tiger trading,tiger security,tiger broker hk,tigers co ltd,tiger trade hk,tiger brokers hk,stock broker,securities broker,online brokerage,hong kong broker,hk broker,online stock trading,online trading platform,stock trading platforms,trading application,stock trading,stock trading hong kong,buying stocks in hong kong,tiger brokers","social":{"ogDescription":"Discover Tiger Brokers HK, an online trading platform for stocks&ETFs, options&futures, bonds and crypto. Open an account to enjoy low commission trading today!","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.0a0bd8dc.png","ogUrl":"https://www.atigrcrest.com/news/2666522735"},"companyName":"Tiger Brokers"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"HKG","license":"TBHK","edition":"fundamental"},"isCrawlerRequest":true,"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"2666522735\",edition:\"fundamental\",auth_exemption:1,,,undefined,":{"share":"https://ttm.financial/m/news/2666522735?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2026-09-11 20:55","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2666522735","market":"us","top_or_hot":-1,"title":"Elon Musk Raised $3 Billion – and Asked Investors for Something Money Can’t Buy","media":"InvestorPlace","content":"<div>\n<p>Meet Luke Lango\t\t\n\n\n\n\n\nThe Boring Company raised $3 billion at a $23 billion valuation, roughly quadrupling its valuation from its 2022 funding round.\nSome investors were asked to help recruit workers...</p>\n\n<a href=\"https://investorplace.com/hypergrowthinvesting/2026/09/elon-musk-raised-3-billion-and-asked-investors-for-something-money-cant-buy/\">Source Link</a>\n\n</div>\n","source":"investorplace_stock_picks","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Elon Musk Raised $3 Billion – and Asked Investors for Something Money Can’t Buy</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nElon Musk Raised $3 Billion – and Asked Investors for Something Money Can’t Buy\n</h2>\n\n<h4 class=\"meta\">\n\n\n2026-09-11 20:55 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://investorplace.com/hypergrowthinvesting/2026/09/elon-musk-raised-3-billion-and-asked-investors-for-something-money-cant-buy/><strong>InvestorPlace</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Meet Luke Lango\t\t\n\n\n\n\n\nThe Boring Company raised $3 billion at a $23 billion valuation, roughly quadrupling its valuation from its 2022 funding round.\nSome investors were asked to help recruit workers...</p>\n\n<a href=\"https://investorplace.com/hypergrowthinvesting/2026/09/elon-musk-raised-3-billion-and-asked-investors-for-something-money-cant-buy/\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":null,"symbol_name":null,"start_time":0,"source_url":"https://investorplace.com/hypergrowthinvesting/2026/09/elon-musk-raised-3-billion-and-asked-investors-for-something-money-cant-buy/","article_id":"2666522735","we_media_id":null,"thumbnails":[],"rights":{"source":"investorplace_stock_picks","url":"https://investorplace.com/hypergrowthinvesting/2026/09/elon-musk-raised-3-billion-and-asked-investors-for-something-money-cant-buy/","rn_cache_url":null,"directOrigin":true},"url":"https://stock-news.laohu8.com/highlight/detail?id=2666522735","pubTimestamp":1789131300,"columns":[],"sourceInfo":{"source_id":"investorplace_stock_picks","name":"InvestorPlace stock picks"},"weMediaInfo":null,"summary":"The Boring Company’s $3B funding round shows why capital alone cannot solve Musk’s need for permits, talent, and critical suppliers.","collect":0,"end_time":0,"defaultTopTitle":"investorplace.com","property":[],"viewcount":null,"language":"en","relate_stocks":{},"translate_title":"埃隆-马斯克筹集了 30 亿美元--并向投资者提出了金钱买不到的东西","themeId":null,"isJumpTheme":false,"ttsUrl":"https://static.tigerbbs.com/2ee3422673766b2dd2bf3c690317acc4","symbols_score_info":{"ELOL":0.6,"LIT":0.6,"TSLQ":0.6,"07766":0.6,"TSLT":0.6,"TSLS":0.6,"TSII":0.6,"TSLP":0.6,"TESC":0.6,"TESL":0.6,"TEST":0.6,"TSLI":0.6,"TSL":0.6,"TSLY":0.6,"07366":0.6,"WANT":0.6,"TSLZ":0.6,"TSLO":0.6,"09366":0.6,"FDRV":0.6,"TSDD":0.6,"TSLA":1.77,"WATS":0.6,"TSLG":0.6,"TSLR":0.6,"SMOG":0.6,"TSYY":0.6,"09766":0.6,"IDRV":0.6,"TSLW":0.6,"STSLAmain":0.6,"TSLL":0.6,"TLA":0.6,"CRSH":0.6},"content_text":"Meet Luke Lango\t\t\n\n\n\n\n\nThe Boring Company raised $3 billion at a $23 billion valuation, roughly quadrupling its valuation from its 2022 funding round.\nSome investors were asked to help recruit workers or make business-development introductions, showing that The Boring Company needs more than capital as it expands.\nMusk’s companies still depend on outside resources – permits, specialized talent, manufacturing capacity, infrastructure, and suppliers – that cannot be scaled as quickly as capital.\n\n\n\n\n \n\nSource: Visual Generation | iStock\n\n\n\nListen to the audio version of this article (generated by AI).\nElon Musk just raised $3 billion – while giving his investors some unusual homework. \nAccording to The Wall Street Journal, the tunneling company told certain investors they would also need to help recruit employees or assist with business development. That could mean introducing The Boring Company to government officials in places where it wants to build new tunnels.\nIn some cases, failing to produce viable job candidates could give the company the right to repurchase part of an investor’s stake.\nElon Musk responded to the report with just one word: “True.”\nThen, on Sept. 9, The Boring Company announced a $3 billion Series D funding round that valued the business at $23 billion. That is roughly four times its $5.7 billion valuation from 2022.\nThe money will help expand the company’s engineering, production, and operations teams, support projects in Las Vegas, Nashville, and Dubai, and fund more than 150 kilometers of planned underground infrastructure across the UAE.\nAt first glance, this looks like another story about investors lining up to hand Musk billions.\nLook closer, and it’s a story about what money alone can’t buy him.\nThe Boring Company is borrowing its investors’ networks to recruit engineers and open doors with local officials. Across Musk’s other businesses, outside suppliers provide the industrial equivalent: factories, components, power, and expertise he cannot create on demand.\nThose outside networks are where Musk’s spending becomes other companies’ revenue.\nWhy The Boring Company Asked Investors for More Than Money\nThe Boring Company’s latest round included some of the largest and best-connected investors in the world.\nSequoia Capital. Andreessen Horowitz. Temasek. Baron Capital. UAE-backed entities.\nThese firms have plenty of money – and The Boring Company appears to want something more. \nIt wants hiring pipelines, local connections, and introductions to the people who control where projects can be built.\nThat makes this round look almost like a business-development network wrapped around a financing deal.\nAnd the UAE’s involvement makes the strategy especially clear.\nUAE-linked investors supplied the lead capital. The country is also where The Boring Company plans to deploy more than 150 kilometers of underground infrastructure, building on the Dubai Loop project already under contract.\nThe investors, customers, local institutions, and future construction sites are beginning to overlap.\nThat is useful when your product requires permission to tunnel underneath a major city.\nEvery new Loop requires a fresh set of engineering studies, utility maps, safety reviews, construction plans, local partners, and government approvals.\nDubai’s 48 Permits Show Why Capital Is Not Enough\nThe first phase of the Dubai Loop is expected to include roughly 6.4 kilometers of tunnel and four stations. Before digging can begin, The Boring Company says it must seek approximately 48 permits and no-objection certificates from around 10 different entities.\nMusk may be able to design a faster tunneling machine – but he cannot make 10 separate agencies disappear.\nThe company still has to map underground utilities. It has to account for existing buildings and roads. It has to satisfy environmental, transportation, and public-safety standards and coordinate with officials who may never have approved a system like this before.\nAn introduction to the right government official may be worth more than another check. One experienced tunneling engineer may do more to keep a project on schedule than another glossy investor presentation.\nThe Boring Company is borrowing a human network because relationships, local knowledge, and specialized talent take years to build.\nThe same pattern extends beyond tunneling. \nAcross Musk’s Empire, Capital Is Only the Starting Point\nSpaceX (SPCX) can build more powerful rockets. It still needs launch approvals, manufacturing capacity, specialty materials, advanced electronics, and thousands of highly trained workers.\nSpaceXAI can build enormous computing clusters. Those systems still need power, grid connections, cooling equipment, networking, chips, and physical sites capable of supporting them.\nTesla (TSLA) can develop robotaxis, humanoid robots, and next-generation factories. Turning those products into large businesses still requires regulators, fleet operations, charging and service infrastructure, sensors, semiconductors, and manufacturing partners.\nMusk has spent decades attacking slow, expensive industries with better engineering. But better engineering does not eliminate the world surrounding the machine.\nA tunnel still passes under public land. A rocket still needs permission to launch. A data center still needs electricity. A robot still needs thousands of components that have to work together reliably.\nAs the projects get larger, those surrounding constraints become more important.\nAnd increasingly, capital is not the scarcest input.\nMoney Moves Fast. Infrastructure Doesn’t. \nThe Boring Company has moved beyond just pitching tunnels. Las Vegas is operating. Nashville is under construction. Dubai is under contract. And Tesla already uses one of its tunnels to move finished Cybertrucks beneath a Texas highway.\nBut digging beneath public land comes with a different kind of challenge.\nNevada lawmakers have scrutinized the Vegas Loop following workplace-safety complaints, alleged environmental violations, and nearly $600,000 in fines. The company has pointed to its inspections and employee training in response.\nNow the homework starts to make sense: when your biggest obstacles are permits, inspections, and unfamiliar regulators, the most valuable thing an investor can hand you isn’t another check. \nInvestors supply the human network, and outside vendors supply the physical one.\nMusk can bring some of that work in-house. He can write large checks and push teams to move faster.\nBut trusted relationships, qualified factories, scarce capacity, and years of specialized know-how still sit outside his companies.\nMusk’s companies get the headlines. The companies that turn the money into working infrastructure get the orders.\nThe Investment Clue Is What Musk Cannot Build Himself\nThe Boring Company needs people and institutions capable of turning capital into tunnels. \nAcross Musk’s broader empire, that list expands to factories with qualified capacity, utilities with power available now, suppliers whose components have survived years of testing, and specialists who know how to navigate complex approvals.\nThose resources take years to assemble – and many still sit outside Musk’s companies. \nThat is where investors should look.\nThe direct Musk businesses may capture the upside from rockets, robots, AI campuses, and underground transportation. But every expansion sends money into the smaller companies supplying the physical capabilities his empire still leans on.\nI have spent months mapping those dependencies across all of Musk’s companies.\nAnd in a first-of-its-kind InvestorPlace workshop, I map Musk’s empire on screen and trace the money from his companies into the outside suppliers they still cannot operate without.\nWe zero in on the hardest bottlenecks and the companies positioned to fill them as his spending accelerates.\nMusk can raise billions in a day. Turning those billions into working machines takes a supply chain he cannot build overnight.\nSee the companies sitting between Musk’s money and his ambitions right here.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nSubmit\n\n\n\n\n\n\n\n Luke Lango\nEditor, Hypergrowth Investing\n\n\nMeet Luke Lango\nBy uncovering early investments in hypergrowth industries, Luke Lango puts you on the ground-floor of world-changing megatrends.\n\n\n\n\n\t\t\t\tLearn more about Luke\t\t\t\n\n\n\n\n\nArticle printed from InvestorPlace Media, https://investorplace.com/hypergrowthinvesting/2026/09/elon-musk-raised-3-billion-and-asked-investors-for-something-money-cant-buy/.\n©2026 InvestorPlace Media, LLC","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":false,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":false,"need_login_tip":false,"code":"91000000","status":"200"}}}