US tunnel construction and infrastructure firm founded by Elon Musk
Zoox has received a temporary NHTSA exemption that allows it to charge fares for its purpose-built robotaxis and will start paid rides in Las Vegas on Aug. 10. The company can deploy up to 2,500 vehicles annually for two years under enhanced federal oversight while state and local approvals remain required for expansion.
The Boring Company has raised $3 billion in a funding round led by the United Arab Emirates, valuing the company at $23 billion. The round boosts plans to dig more than 150 kilometers of tunnels in the UAE, with other investors including Andreessen Horowitz, Sequoia, and Baron Capital. The funding follows recent activity in Las Vegas and Nashville as the company pushes to turn Musk’s tunneling vision into a global transit network.
Major moves in autonomous mobility involve Bolt and Lucid, May Mobility, and Lyft-Waymo partnerships, with deals aimed at scaling fleets, public listings, and international expansion.
Elon Musk has given roughly $366m this cycle to Republican groups, including $158m to the Senate Leadership Fund and about $76m to his own America PAC, filings show. Much of the money is financing heavy advertising and turnout operations in Texas and other battlegrounds, reviving vulnerable campaigns and freeing national GOP resources for other contests.