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Elon Musk's The Boring Company Raises Over $300k Via Hat Sales

The Boring Company, the startup founded by tech mogul Elon Musk to develop the technology to dig transportation tunnels underneath Los Angeles and other cities, has so far raised over $300K from selling hats with the company's logo on it, according to Musk. The Boring Company had started selling the hats only a little bit over a month ago. Musk, on Twitter, jokingly called the sales its "Initial Hat Offering".