The Boring Company Stock Price, Valuation & IPO
Private company — The Boring Company is privately held. Its shares are not listed on any public exchange and can only be accessed through private secondary transactions.
Status source: AXEVIL investment team
$66.19 per share (AXEVIL consensus estimate)
Source: AXEVIL consensus of recent secondary transactions · as of 10 September 2026
Last round valuation: $23B
Source: D, September 2026, post-money
Total raised: ~$3.9B
Data last updated: 8 October 2026
About The Boring Company
Designs and manufactures the Prufrock series of tunnel boring machines and builds underground transit tunnels, including the Vegas Loop. Spun off from SpaceX in 2018.
The Boring Company is an American infrastructure company, founded in 2017, headquartered in Bastrop, Texas. It makes its own tunnel boring machines and uses them to build the underground Loop transport. The Las Vegas network was paid for by customers: the LVCVA tourism authority ordered the first line under the convention center for $48.7 million, and casinos Resorts World, Encore, Westgate, Fontainebleau, and Sahara paid for their stations themselves; in December 2025, stations opened at terminals 1 and 3 of Harry Reid Airport. Dubai ordered a pilot line of 6.4 km with four stations for Dh565 million ($154 million), a trip from DIFC to Dubai Mall will take three minutes, and the full network of 22 km and 19 stations is designed for 30,000 people per day. Series D, led by the UAE, took place at a valuation of $23 billion, with a total of approximately $3.9 billion raised.
- Sector: Transportation
- Headquarters: Bastrop, Texas, USA
- Founded: 2017
Key highlights
- LVCVA: 25 minutes walking became two. The Tourist Authority commissioned a line under the convention center in 2019 for $48.7 million. It opened in 2021 and became the core of the overall Vegas Loop network.
- Casino and airport: stations at their own expense. Resorts World, Encore, Westgate, Fontainebleau and Sahara paid for their own stations. In December 2025, stations opened at Terminals 1 and 3 of Harry Reid Airport.
- RTA Dubai: first line outside the USA. The pilot section, 6.4 km long with four stations, costs Dh565 million ($154 million). The full network of 22 km and 19 stations is expected to transport up to 30 000 people per day.
Funding rounds
| Date | Round | Price / share | Post-money valuation |
|---|---|---|---|
| 10 September 2026 | D | $66.19 | $23B |
| 20 April 2022 | C | $19.59 | $5.7B |
| 26 July 2019 | B | $3.59 | $912M |
| 16 April 2018 | A | $1.00 | $238M |
Latest news
Frequently asked questions
How can I buy The Boring Company stock before the IPO?
Not on a public exchange — The Boring Company is privately held. Shares change hands only in private secondary transactions. AXEVIL structures those as dedicated US special purpose vehicles for accredited investors, subject to availability and to the rules of your jurisdiction.
What is the The Boring Company stock price?
A private company has no single official share price. AXEVIL's consensus estimate is $66.19 per share as of 10 September 2026. Its most recent round implied a post-money valuation of $23B (September 2026).
What is The Boring Company's valuation (net worth)?
The Boring Company's most recent funding round valued the company at $23B post-money (September 2026) — the latest primary-market measure of what the company is worth. Secondary trades can price its shares above or below that round.
When will The Boring Company IPO?
No listing has been announced. AXEVIL does not forecast IPO dates — this page states what has actually been filed or reported, with the date it was last checked.
Is The Boring Company publicly traded?
No. The Boring Company is a private company and its shares are not listed on any public exchange.
Does The Boring Company have a stock symbol?
No. The Boring Company has no ticker symbol because its shares are not listed on any exchange; a symbol is assigned only at an IPO or direct listing.
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Risk disclosure
Nothing on this page is an offer to sell or a solicitation to buy any security, and it is not investment advice. Valuations and share prices shown here are AXEVIL estimates built from primary sources — filings, announced rounds and completed secondary transactions — not quoted market prices, and they can be revised. Private-company shares are illiquid, may be impossible to sell, and the entire amount invested can be lost. Availability depends on your jurisdiction and on accredited-investor status.