Elon Musk’s Boring Company Is in Talks With Government Over Amtrak Project

The Federal Railroad Administration, the nation’s railroad agency, has brought in the Boring Company, the tunneling firm founded by Elon Musk, to help with a multibillion-dollar Amtrak project, according to three people familiar with the discussions. Federal Railroad Administration officials have talked with employees at the Boring Company about assessing the costs and progress of…

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Elon Musk’s xAI in New Funding Talks

Elon Musk’s artificial intelligence start-up, xAI, is in talks to raise new financing that could value it at as much as $120 billion, up from $80 billion little more than a month ago, two people with knowledge of the discussions said. The talks are in the early stages, and xAI’s valuation could rise or fall…

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