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The Boring Company (TBC) is an American infrastructure, tunnel construction services, and equipment company founded by Elon Musk. TBC was founded as a subsidiary of SpaceX in 2017, and was spun off as a separate corporation in 2018.
His net worth hit $447 billion after Tesla stock jumped and SpaceX's valuation rose to $350 billion. Just five years ago, Musk was worth about $25 billion, and Tesla was valued below $100 billion.
Elon Reeve Musk (/ ˈ iː l ɒ n /; born June 28, 1971) is a businessman known for his key roles in the space company SpaceX and the automotive company Tesla, Inc. His other involvements include ownership of X Corp., the company that operates the social media platform X (formerly Twitter), and his role in the founding of the Boring Company, xAI, Neuralink, and OpenAI.
Herrenknecht AG is a German company that manufactures tunnel boring machines (TBMs). Headquartered in Allmannsweier, Schwanau , Baden-Württemberg, it is the worldwide market leader for heavy TBMs. Established by Martin Herrenknecht in 1975, the company soon grew.
Trading at 12.4 times Wall Street analyst estimates for 2025, roofing, insulation, and doors company Owens Corning (NYSE: OC) is attractively valued and has upside potential coming from a recovery ...
As of this writing, the shares trade at price-to-book and price-to-earnings ratios of 2.1 and 13.5, respectively. These are about the most expensive valuations that the stock has carried in the ...
On March 9, 2023, Musk registered X Corp. in Nevada.On the same day, Musk registered the artificial intelligence (AI) company X.AI Corp. [18] Later that month, Musk applied to merge X Holdings with X Holdings Corp. and Twitter, Inc. with X Corp. [9] In the filing, Musk revealed that X Holdings Corp. had $2 million in capital, but X Holdings Corp. would serve as the parent company for X Corp ...
Market cap can be calculated by multiplying a company’s stock price by its shares outstanding. For example, a $10 stock with 1 billion shares outstanding would have a market cap of $10 billion ...