Boxabl gets commitments for over $30M of preferred stock

Seeking Alpha ·

Boxabl, the company that's gained attention for Elon Musk living in one of its compact prefabricated homes, says it has received commitments for over $30M of its preferred shares from more than 5,000 investors, according to the company's co-founder Galiano Tiramani.

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Prefabricated housing company Boxabl has secured over $30 million in preferred stock investment commitments from more than 5,000 investors. Known for the house where Elon Musk resides, this large-scale fundraising is stimulating investment sentiment in the innovative housing market. Investors should pay attention to the growth potential and future IPO possibilities of the unlisted housing and proptech sectors.

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