Elon Musk’s infrastructure firm, The Boring Company, is reportedly aiming for a $20 billion valuation in a new funding round. The Wall Street Journal cites sources familiar with the matter, indicating ongoing discussions to secure fresh capital. This potential valuation signifies substantial growth for the company focused on tunnel construction. The Boring Company seeks to alleviate traffic congestion through the creation of underground tunnel networks. While still a relatively young company, it has completed projects like the Las Vegas Convention Center Loop. The new funding would likely be used to expand these projects and pursue further innovation in tunneling technology.