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Elon Musk’s latest Boring Company pitch involves a Hyperloop between Austin and San Antonio
techcrunch.com • • business
Key Points:
- Elon Musk announced that The Boring Company is developing a "simple precursor Hyperloop" to connect Austin and San Antonio, aiming to cut travel time to under 30 minutes.
- The Boring Company expressed enthusiasm about the project, stating it would be "excited and honored" to build the infrastructure.
- Despite many announced projects in cities like Chicago, Los Angeles, and the NYC-Washington corridor not coming to fruition, the company currently operates a transportation system in Las Vegas.
- The Boring Company recently secured $3 billion in funding led by the United Arab Emirates, supporting its expansion efforts.
- Musk's Hyperloop comments were made in response to an AI-generated sci-fi video, which he shared with the statement, "This is the future we shall bring into being."
