Friday, June 15, 2018

Boring Co. Lands Contract for Chicago Underground Bullet Train


Image result for boring co chicago train

Elon Musk, the CEO of such companies as Solar City, Tesla Motors, and SpaceX, has recently been expanding his reach from outer space and green electricity to various other industries. One of his other companies, Boring Co., has become known for two main things: flamethrowers and high-speed tunnel travel. Musk's "Temperature Enhancement Device" (the name given to the flamethrower to avoid shipping regulations) has amassed huge popularity and thousands of the devices have already gone out to customers around the world. However, Boring Co.'s most exciting future development is a high-speed underground bullet train between Los Angeles and San Francisco. If the project ever reaches fruition, it could drastically improve the housing markets throughout the state. According to a Bloomberg article, Boring Co. just won a bid to develop a similar bullet train in Chicago, which could be a huge stepping stone for the future of Boring Co.

In working out the plans for this high-speed train, Musk has come to some sobering realizations. Where his original plan featured speeds of over 700 mph, designed for connecting cities that are a few hundred miles apart. After more research, it was concluded that the underground train from downtown Chicago to O'Hare International Airport will travel at speeds of roughly 150 mph, still much faster than any other options, but not nearly as fast as Musk had dreamed. Even after the disappointing results, Musk still seems certain that his planned Hyperloop system will one day reach his high-speed goals, but for longer trips, such as Chicago to New York.

Even though Musk won't be able to get the Hyperloop design he wants, this Chicago project will still be great practice for the 18-month-old Boring Co. Many investors believe strongly in Musk's ability to get things done, but as the company has very little construction experience, it is good that they have the opportunities to figure out how to meet their promises of faster, cheaper, and less disruptive tunnel creation when compared to current technological options. So far, Boring Co.'s tech has only been tested in Hawthorne, but if it shows promising results in Chicago, that could be the kickstart the company needs to get its other projects in LA, New York, and Washington DC fully funded and moving forward.

Boring Co. won the Chicago bid partly because of the CEO's notoriety, but also because its bid was so much lower than all other competitor offers. In fact, because this is sort of a practice run for Boring Co., and a way to get more publicity, Musk's bid was to do the entire project for free. He predicts that it will cost somewhere around $1 billion, but is confident that he will have no problems in securing the necessary funding. Some Chicago officials have welcomed Musk with open arms, excited for the upcoming project, while others have loudly criticized the project as a bold political ploy by the current Chicago mayor. It may take a little time until the project officially gets underway, as the specifications and details of the project still need to be negotiated, but based on Musk's previous projects, the Chicago transportation arena has an exciting future.

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