From TechCrunch · Anthony Ha · · 1m 20s
Musk pitches Hyperloop between Austin and San Antonio
Elon Musk claims The Boring Company is building a high-speed transit system that would cut the 80-mile journey to under 30 minutes.
In brief
Elon Musk claims The Boring Company is building a high-speed transit system that would cut the 80-mile journey to under 30 minutes. Musk announced an Austin-San Antonio Hyperloop project, but The Boring Company has a track record of unfulfilled promises despite raising billions. Originally reported by TechCrunch.
Musk announces Austin-San Antonio Hyperloop
Elon Musk claimed The Boring Company is working on a Hyperloop between Austin and San Antonio that would cut the 80-mile journey to less than 30 minutes.
“a simple precursor Hyperloop between Austin and San Antonio”
Boring Company's track record is spotty
Most of The Boring Company's announced projects in Chicago, Los Angeles, and between New York and Washington D.C. have never been built. The company only operates a working system in Las Vegas.
Company just raised $3 billion
The Boring Company recently closed a $3 billion funding round led by the United Arab Emirates, giving it significant capital for future projects.
Musk responds to sci-fi video
Musk made the Hyperloop announcement while replying to an AI-generated video showing a generic science fiction future with human colonies on other worlds.
“This is the future we shall bring into being”
Critics say Musk favors pulp sci-fi
Historian Jill Lepore argues that Musk's vision of the future appears inspired by pulp science fiction and comic books, despite those stories contradicting his political beliefs.
The big picture
Musk announced an Austin-San Antonio Hyperloop project, but The Boring Company has a track record of unfulfilled promises despite raising billions.
