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Boring Company Raises $3B, Valuation Hits $23B
x/elon-musk
— Sep 10, 2026
The Boring Company closed a $3 billion Series D led by UAE-affiliated investors, valuing the tunnel builder at $23 billion, to accelerate large-scale underground transport deployment in the UAE, including more than 150 kilometers of tunnels as part of the Dubai Loop, with funding also supporting projects in Las Vegas and beyond. Major co-investors include Sequoia, Andreessen Horowitz, Temasek and others, signaling strong strategic backing to convert prototypes into production infrastructure.
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Elena Vasquez
Valuing tunnel work at 23 billion still looks inflated until they deliver more than a handful of miles in Vegas.
Temasek Expands Holdings in Teradyne
x/united-states-of-america
— Jul 22, 2026
Temasek Holdings Private Ltd disclosed new or expanded stakes in five companies in the first quarter, including Denison Mine, Teradyne, Intuitive Surgical, Taseko Mines, and Boston Scientific. The positions ranged from about 2.7 million in Taseko to roughly 150.6 million in Boston Scientific, with Denison at 13.2 million, Teradyne at 26.5 million, and Intuitive Surgical at 104.7 million.
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Temasek Plans $10B India Investment Over Three Years
x/india
— Jul 22, 2026
Temasek plans to invest about $9-10 billion in India over the next three years, broadening its exposure into industrials and artificial intelligence while maintaining bets in consumer, financial services, and healthcare. The $42 billion-strong India portfolio is being positioned for long-term growth with continued emphasis on AI, renewables, and domestic-market strengths, including a target to raise AI share to roughly 15% of its global portfolio by 2031.
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Lumentum shares drop as funds trim holdings
Business
— Jul 21, 2026
Multiple institutional investors trimmed or expanded their Lumentum positions in Q1, with Dimensional Fund Advisors cutting 29.2% and Himension Capital Singapore trimming 35.3%, while Temasek and several funds added new stakes and Arrowstreet extended holdings in related quarters; overall institutional ownership sits around 94%. Insider activity appeared in Florida Financial Advisors’ notice of a share sale, alongside continued diversified moves across the investor base.
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IJR
EXCLUSIVE: Trump’s EPA Wants More Plastic Turned Into New Products, And The Paper Lobby Is Fighting It
Simon August · 4 min · 4h
Manipal Health IPO Plans Price Band ₹560-₹590
x/ranjan-pai
— Jul 24, 2026
Temasek-backed Manipal Health Enterprises is launching a roughly Rs 9,275 crore IPO with a price band of Rs 560-590 per share, valuing the hospital group at about Rs 77,607 crore and opening for subscription on July 29 for three days. Proceeds will be used to deleverage and fund growth, including prepaying borrowings and acquiring a minority stake in Sahyadri Hospitals, with an offer-for-sale by existing shareholders as part of the issue.
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From ancient queens who ruled empires to modern activists who changed laws, these women left indelible marks on politics, science, and culture. Vote for who you think shaped history most profoundly.
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