Elon Musk, Boring Company to negotiate with Chicago for Loop train system

Sean Reid
June 15, 2018

The Boring Company is promising that the system will transport passengers in 12 minutes with automated electric cars that carry 16 passengers (and their luggage) to a vehicle.

The Chicago Infrastructure Trust, acting on behalf of the City of Chicago, chose the Boring Company's proposal for the Chicago Express Loop service from downtown Chicago to Terminals 1 - 3 at the city's O'Hare Airport - where almost 80 million passengers boarded or disembarked at the IL airport in 2017.

Emanuel's office said Musk's company will foot the entire bill, meaning there will be no tax burden on Chicago residents. That should get passengers to the airport in about 12 minutes-still a significant improvement on current options, which often take about 40 minutes by train or auto.

At a news conference with Emanuel, Musk said the Loop "will ultimately transition to the Hyperloop system".

Mr. Musk, chief executive officer of Tesla Inc., created. Shuttles would leave as frequently as every 30 seconds, and the system would operate 20 hours every day.

In Los Angeles, the Boring Company has also proposed building a wider network of tunneled transit, one that incorporates Sherman Oaks to the north and the Long Beach Airport to the southeast of downtown L.A.

Officials from city and Boring have stated that it's too soon to estimate a timeframe or final cost for this project, but have stated that Boring will be fronting the bill.

Call it a big win for Elon Musk. "If we succeed, it's gonna be a great thing for the city, if we fail, well I guess me and others will lose a bunch of money", said entrepreneur and businessman Elon Musk.

The Chicago Tribune and Bloomberg first reported the deal, citing unnamed sources. "He's proven something", Emanuel said, according to the newspaper. Given his track record, we are taking his reputation, and saying, 'This is a guy in two other transportation modes who has not failed.

Dubbed The Chicago Express Loop, the project would include The Boring Company completing the Block 37 superstation, and digging twin tunnels to O'Hare. "Almost like an autonomous, underground, multi-level vehicle system". But insiders say its plan ran into the same problems as the previous Blue Line proposals: cost (likely in the billions of dollars) and the length of time a trip would take. The projected cost? $20 to $25 one way. Last year, Gregory Hauser, a civil engineer at Dragados who recently managed the replacement of Seattle's Alaskan Way Viaduct-the largest underground highway project in the US-said what The Boring Company attempting is on par with the challenge faced by SpaceX.

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