Elon Musk, the founding father of tunneling enterprise Boring Firm, stated in a tweet that a commercial hyperloop tunnel in Las Vegas would “hopefully” be fully operational next year.
“Boring will complete its first commercial tunnel in Vegas, going from Convention Facility to Strip, then will work on different projects,” Musk tweeted late on Friday, in reply to a user’s query about the firm’s tunnels.
Musk, who further leads EV manufacturer Tesla and rocket firm SpaceX, has been seeking to transform transportation by sending passengers into pods through an intercity system of giant, underground vacuum tubes often called a hyperloop.
The corporate has completed its project Test Tunnel, positioned in Hawthorne, California, and different ongoing tasks embrace the Chicago Express Loop and the East Coast Loop from Washington D.C. to Baltimore.
In April, the U.S. Transportation Division issued a draft environmental assessment for a Washington, D.C.- Baltimore tunnel, step one in a regulatory review of the venture from Boring.
In July, Boring raised about $117 million in a round of funding from 20 unnamed investors after offering to sell around $120 million in equity.