In June, Musk also won a bid to build ahigh-speed trainfrom Chicago’s O'Hare International Airport to downtown. The new rail line, or Chicago Express Loop, will see 12-minute trips in electric vehicles called "skates," from the airport's new terminals to the Block 37 super-station do...
Dan Richards, of the California High-Speed Rail Authority, told CBS News, "To meet the needs of the 50 million people that we're gonna have in the next 20 or 30 years, we have to build more freeways, more airports and do more things that are gonna cost a lot more t...
Billionaire innovatorElon Muskis known for his California rocket and electric car businesses, but he looked to the Midwest to show he is serious about building an ultra-high-speed underground rail system from New York to Washington, D.C. In pursuit of a massive tunnel boring machine to in...
mountain of government bureaucracy that grows every year. This stifling red tape is affecting all large projects in America, which is why, for example, California has spent ~$7 billion dollars and several years on high-speed rail, but only has a 1600 ft section of concrete to show for it...
Musk's interest in the idea was sparked after researching California's new high-speed rail project and realizing that it will be the slowest and – at $70 billion – the most expensive system on the planet. To his mind, there's a better solution. The Hyperloop is it. And one firm un...
Musk is proposing the system as an alternative to the high-speed rail system planned in California. He’s no expert on high-speed mass transit, but he’s gained prominence through a series of successes with electric cars and private space flight. He says that at $6 billion, his hyperloop...
angeles to san francisco california’s high speed rail project promises travel between san francisco and los angeles at up to 220 miles per hour, or under three hours for the whole trip. elon conjured up the hyperloop , which would allow travel in near-vacuum tubes at around 700 mph, and...
Musk and the Mayor of Chicago are expected to formally announce the proposal on Thursday, according to theChicago Tribune. Project specifics for the high-speed transit system have yet to be released. However, a description for the project, originally outlined in the initial Request for Qualificati...
mph—high-speed rides Musk insisted would feel “smooth as glass.” To top it off, the tech mogul priced the whole ventureat only $1 billion— all of which would come from his company, with no taxpayer subsidy. Oh, and Musk would be more than happy to start drillingin a few months....
Musk wants to publicly tangle with the regulator that has the most muscle to flex over his space business. Will his strategy work?