Chicago Picks Musk's Boring Co. for O'Hare Express Service

The Boring Company headed by Elon Musk wants to get you from downtown Chicago to the airport in 12 minutes

Chicago has picked Elon Musk's Boring Company to build a futuristic transportation link to the city's airport.

"We're really excited to work with the mayor and the city to bring this new high-speed public transportation system to Chicago", a Boring Company spokesman said as the company announced the news on Thursday. At a news conference with Mayor Rahm Emanuel on Thursday, Musk said the Loop "will ultimately transition to the Hyperloop system".

Last year, mayor Emanuel begged innovators and technologists to submit proposals to help update the city's public transportation system.

Autonomous electric vehicles known as skates would carry 8 to 16 people and their luggage on the 18-mile trip between O'Hare and Block 37 in about 12 minutes, reaching a top speed of about 150 miles per hour.

The transport system Boring has proposed is called Loop, a slower version of the Hyperloop that's designed for shorter distances and doesn't require vacuum conditions. The pods will be made by Musk's other company, Tesla Inc. City officials said it would be able to handle 2,000 passengers per hour in each direction, with departures as frequently as every 30 seconds.

Effort to split California into three states seen as unlikely
State filings show he paid consultants and law firms almost $560,000 a year ago for work related to the proposal . Draper originally floated the idea of dividing California into six states .

In May, Musk said a tunnel built under a Los Angeles suburbto test a transportation system was nearly complete and that the public would be offered free rides in a few months. Better, but it still takes 40 minutes to make the trip.

The Tribune reports that The Boring Company will shoulder all the costs of the project, which it estimates to be around $1 billion.

The Chicago and Los Angeles projects come as Musk wrestles with production problems for the rollout of the highly anticipated Tesla Model 3 sedan. The company is now seeking approval to expand to a larger tunnel in West Los Angeles. A lengthy write-up in The Chicago Tribune says that the total cost of the project could be around $1 billion, according to unnamed sources with knowledge on the matter. Musk founded the company in the hope of alleviating city gridlock by building more tunnels, an endeavor that has set the company's engineers toward improving tunneling techniques.

"We're taking a bet on a guy who doesn't like to fail - and his resources. He's proven something", Emanuel said, according to the newspaper. The Boring Company released Wednesday renderings of what the underground system and rail cars would look like. A trip would cost $20 to $25.

The company said it will fund the project in its entirety, and that it plans to collect ticket and advertising revenue. They are created to carry between eight and 16 passengers, or a single passenger vehicle, according to the company.

Related News:



Most liked

Watchdog report faults Comey as 'insubordinate'
In response, Strzok, who helped oversee the Clinton email investigation, wrote "No". The inspector general found that the conclusion not to prosecute Ms.

Comey 'broke norms but not biased' - agency watchdog report
However, the IG somehow determined that the conclusions of the Clinton email investigation were not infected with political bias. But Comey was, understandably, anxious about the attorney general's conflicting interests in prosecuting Clinton.

AT&T closes $85 billion deal for Time Warner
AT&T had been anxious about closing its deal ahead of a June 21 deadline if the government won a stay pending an appeal. A Justice Department official said regulators will continue to consider a possible appeal.

Koke Warns About Cristiano Ronaldo's Dangerousness in Games
Argentina should get out of the group stages comfortably, but it remains to be seen how far Messi's brilliance can take them. At times , though, the criticism has bordered on the gratuitous, not least over his reluctance to sing the national anthem.

INTERNATIONAL - Singapore footing N.Korean contingent's hotel bill
The Trump administration seeks the complete, verifiable and irreversible dismantling of the North's nuclear weapons program. Pompeo, who has twice met Kim, insisted Monday that Trump is fully prepared for his meeting with the North Korean leader.

Trump Kim summit: North Korea sets out its Singapore agenda
Regarding the joint exercises, Kang only said at the press conference, "This is an issue that involves the [South] Korea-U.S. alliance".

Putin invites Kim to Russian Federation , praises Trump summit
Trump, on the other hand, has promised loudly and repeatedly that this process will end with North Korea's disarmament. He said to the North Korean leader in televised footage: "Come to Russian Federation ".

Putin: Ready to meet Trump on arms race, rejoin G8
Trump says they will either have a better agreement on NAFTA or two deals involving separate trade deals with Canada and Mexico. Yet Trump wants them there, and other than his apparently desperate desire to hang out with Putin, it's hard to imagine why.

Apple bans cryptocurrency mining on iPhones
These conditions extend to apps providing cryptocurrency futures trading, and other crypto-securities or quasi-securities trading. Notably, Apple said that it will not block the mining apps that mine outside of the device, like cloud-based mining.

Domino's Pizza is paving the nation's potholes, but not Michigan's
Why? To reduce pizza "pizza jostling" and "irreversible damage to your pizza on the ride home", the company says . Domino's Pizza ($ DPZ ) is filling in potholes in towns across the US with a new '"Paving for Pizza" initiative.

Trump’s vow to end military drills with Seoul stuns a region
Mount said it's not clear whether Kim requested the freeze or whether Trump offered it unilaterally. He called the drills " provocative ", and said ending the exercises will also save the US money.

Robert De Niro Censored for Saying "F--k Trump" at the Tonys
Springsteen, meanwhile, was in attendance to perform " My Hometown ", taken from the Tony-winning Springsteen on Broadway . While some looked on with gasps of surprise, others stood to their feet to deliver applause for De Niro's words.

Eden Hazard Shows Class in Message to Mohamed Salah
The record seven-time African champions have qualified for the World Cup for only the third time and first since 1990. So if we want to do something great, it is now.

Trump trade fury plunges G7 summit into failure
Trump has also caused concern among his party and even within his administration in seeking to fix USA relations with the Kremlin. Trump will likely have to meet all of them again, with the exception of Paolo Gentiloni, who is no longer Italian Prime Minister.

Robert Whittaker beats Yoel Romero by split decision in Chicago
Romero landed several other strikes, but Whittaker survived and landed a few of his own in an epic round. Romero was tentative in the first round, and Whittaker damaged his right eye in the second with a kick.