“In the coming years, Boring Co will attempt to build a working Hyperloop,” he tweeted (via Engadget). The Hyperloop utilizes pods to transport commuters and can reach speeds of up to 800miles/hour. However, there’s still some skepticism in the industry about its feasibility in the long run. “Underground tunnels are immune to surface weather conditions (subways are a good example), so it wouldn’t matter to Hyperloop if a hurricane was raging on the surface. You wouldn’t even notice,” Musk said in another tweet.
The Boring Company could get a shot in the arm with its new Prufrock-3 Tunnel Boring Machine
The Boring Company was conceived towards the end of 2016 to dig tunnels for trains and vehicular traffic. Its only project so far is at the Las Vegas Convention Center (LVCC) in Nevada, featuring roughly 1.7 miles of tunnels. It’s a good starting point for the Hyperloop, but it’s safe to say that the concept hasn’t fully materialized yet. It’s worth noting here that The Boring Company has announced and canceled a few other projects in between. Currently, The Boring Company is developing the next-gen Tunnel Boring Machine (TBM) known as Prufrock-3. It claims that this machine can dig up to seven miles of tunnels in a day. For context, it’s roughly fifty times faster than the current Prufrock-2 TBM. Musk also has a flourishing automobile company with Tesla and ventures like SpaceX. The flamboyant executive is in the news currently for his acquisition of Twitter for an estimated $44 billion or $54.20 per share. There’s consternation in some circles about what this could entail, but Musk might follow a hands-off approach, or so it seems right now. April has been an interesting month by many accounts. The complete acquisition of Twitter was preceded by Musk acquiring 9.2% of Twitter’s stake earlier this month for $2.89 billion.
