Elon Musk Drops a Surprise Update on Boring Company’s Next Big Dig
Musk said the tunnel could cut the trip to under 30 minutes and reach speeds above 200 mph, backed by a $3 billion funding round.
- Elon Musk recently claimed that his tunneling startup, The Boring Company, is working on a "simple precursor Hyperloop" between Austin and San Antonio, aiming to reduce travel time to less than 30 minutes.
- What distinguishes this proposal is the company's strengthened balance sheet; The Boring Company closed a $3 billion funding round led by investors in the United Arab Emirates earlier this month at a valuation near $23 billion.
- Musk described the proposed tunnel as running at speeds above 200 mph, utilizing an express model with garage-style stops similar to the company's Las Vegas transportation network.
- Despite these ambitions, The Boring Company has struggled to materialize past projects in Chicago and Los Angeles, and earlier tunnels between Austin and San Antonio were floated in 2021 before those bids stalled.
- Alongside the infrastructure announcement, Musk posted early Saturday about new merchandise featuring a glow-in-the-dark "Uranium in Uranus" item, describing the company's merchandise arm as creating products that are "outrageously unsellable and yet extremely popular.
15 Articles
15 Articles
Musk's company wants to connect Austin and San Antonio with an underground tunnel <p>Boring Co. is developing a tunnel between Austin and San Antonio to shorten the trip to less than 30 minutes. The company raised $3 billion.</p>
(Seoul = Yonhap News) Reporter Seol Won-tae = Elon Musk said his tunnel boring company, The Boring Company, is working on a tunnel project connecting Austin and San Antonio, Texas...
NEWS HEADLINES: Elon Musk Says Boring Company Is Working on 200+ MPH Austin-to-San Antonio Tunnel – 100PercentFedUp.com – by Jack
Elon Musk says The Boring Company is working on a tunnel that would connect Austin and San Antonio at speeds above 200 mph. If the company can pull off the numbers Musk posted Sunday, it would turn one of Texas’ most aggravating drives into something closer to a quick commuter run. Musk described the project as a “simple, precursor Hyperloop tunnel” and said it could make the trip in less than 30 minutes on a consistent basis. Here is his […] So…
Elon Musk Says Boring Company Is Working on 200+ MPH Austin-to-San Antonio Tunnel – 100PercentFedUp.com – by Jack
Elon Musk says The Boring Company is working on a 200-plus-mph precursor Hyperloop tunnel between Austin and San Antonio that could cut the trip below 30…
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