The Boring Company

July 2024 · 3 minute read

Billionaire Elon Musk has changed several of his businesses' incorporation states from Delaware to either Nevada or Texas after a Delaware judge voided his Tesla compensation plan.

Elon Musk's The Boring Company recently purchased another tract of land in Las Vegas as part of its Vegas Loop project that would link the city using underground transportation.

Elon Musk just added to the numerous companies he's involved with when he official introduced his new artificial intelligence firm, xAI. FOX Business takes a look at his other endeavors.

Hyperloop is an ultra-high-speed public transportation system in which passengers will travel in autonomous electric pods at more than 600 miles per hour.

Musk's Boring company received a new infusion of cash to build its Tesla tunnels Thursday.

Billionaire entrepreneur Elon Musk’s vision for underground transit has received a green light in Las Vegas.

The Boring Company, Elon Musk’s tunnel construction firm, is reportedly considering building a new transit loop in Texas, according to recent reports.

Drivers for Elon Musk's loop system are reportedly being fed a script to respond to questions from passengers.

The Boring Company launched by Elon Musk has pitched an offer to build an underground transit loop for the city of Fort Lauderdale, Florida, to connect between downtown and the beach.

Miami Mayor Francis Suarez is looking to mirror Musk's Boring Company tunnel in Las Vegas for his own city. 

The aerospace company revealed the plans in a new job posting for an automation & controls engineer, which will focus on Starlink, a global internet service made up of a constellation of satellites. 

Maye Musk said this week that she knew her son, Elon Musk, was a genius when he was three years old as she recounted the accomplishments of the billionaire tech scion. 

Miami Mayor Francis Suarez told FOX Business building a tunnel could potentially help “solve the transportation issue”

Elon Musk may be having fun in Texas – expanding another company, The Boring Co., into the state, according to local reports.

Tesla CEO Elon Musk has moved his private foundation from California to Texas, according to a certificate of merger filing with the Texas Secretary of State in October. 

The tunnel construction company has posted several new job openings based in Austin, Texas, including an electrical engineer, a lead electric technician, a mechanical engineer, a senior mechanical engineer, a power electronics engineer, a business development lead and a lead technical recruiter. 

According to the LCVA, the Vegas Loop will consist of underground tunnels stretching as far north as downtown Las Vegas, throughout the Strip corridor, and as far south as the Allegiant Stadium, pending approval later this week by the Stadium Authority, the owner of the stadium.

Tesla CEO Elon Musk has unveiled the first render of the transportation hub for the Boring Company's Las Vegas Loop, a underground tunnel system designed to zip passengers from one side of the Las Vegas Convention Center to the other in under two minutes. 

Once the company completes the Las Vegas tunnel, its first commercial project, it will begin to work on others, Musk said.

The $52.5 million project, which is expected to be completed in Jan. 2021, will move passengers within its three stations in about a minute.

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