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September 10, 2026
Boring Company raises $3B, shattering Austin startup funding record
The Boring Company has raised a record-breaking $3 billion in Series D funding, led by the UAE and other major investors, valuing the underground tunnel startup at $23 billion. The company plans to use the investment to expand projects, hire more workers, and grow its operations around Austin, where Musk’s businesses are rapidly expanding.
By Brent Wistrom – Assistant Managing Editor, Austin Business Journal
Published in Austin Business Journal: Sep 10, 2026
Are you in the market for a home? Scott Felder Homes offers homes ready for move-in and new plan designs in The Colony located in Bastrop, Texas and Double Eagle Ranch located in Cedar Creek, Texas. Both neighborhoods are a short drive away.
Residents of The Colony live in one of the most scenic areas near Austin. Nature is just outside your doorstep, with the winding Colorado River marking the eastern boundary of the community and McKinney Roughs, an 1,100 acre nature preserve just two miles west.
Double Eagle Ranch features one acre homesites with breathtaking views. The community is a peaceful retreat where the luxuries of big-city life are a short drive away. In Double Eagle Ranch, you can enjoy the rustic charm of country life combined with the prestigious homes built by Scott Felder Homes.
What OurHomebuyers Are Saying
Every person we interacted with throughout the process was outstanding. From Michelle in sales and Jacob in construction, to William with the mortgage team, and everyone else we worked with along the way, we consistently felt valued, supported, and well-informed. We never expected perfection. Building a home is a complex process, and we understood from the beginning that there would be challenges and items that would need attention. What mattered most to us was how those situations were handled, and Scott Felder consistently demonstrated professionalism, responsiveness, and a genuine commitment to customer satisfaction. Based on our experience during the pre-construction and construction phases, we have a high degree of confidence that the Scott Felder team will continue to take care of us during the post-closing and warranty period with the same level of attention and care. That confidence is one of the reasons we feel so good about our decision to build with Scott Felder Homes.Boerne Homeowner
What OurHomebuyers Are Saying
Charlie my sales professional and Tully the construction GM were an absolute pleasure to work with! Highly recommendMeyer Ranch Community
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