Elon Musk's Boring Company To Build High-Speed Transit Tunnels in Chicago (chicagotribune.com)

Chicago has picked Elon Musk's Boring Company to build a futuristic transportation link to the city's airport, The Boring Company said late Wednesday. "We're really excited to work with the Mayor and the City to bring this new high-speed public transportation system to Chicago!' it said in a statement posted on Twitter. Chicago Tribune: Autonomous 16-passenger vehicles would zip back and forth at speeds exceeding 100 mph in tunnels between the Loop and O'Hare International Airport under a high-speed transit proposal being negotiated between Mayor Rahm Emanuel's City Hall and billionaire tech entrepreneur Elon Musk's The Boring Co., city and company officials have confirmed. Emanuel's administration has selected Musk's company from four competing bids to provide high-speed transportation between downtown and the airport. Negotiations between the two parties will ensue in hopes of reaching a final deal to provide a long-sought-after alternative to Chicago's traffic gridlock and slower "L" trains. In choosing Boring, Emanuel and senior City Hall officials are counting on Musk's highly touted but still unproven tunneling technology over the more traditional high-speed rail option that until recently had been envisioned as the answer to speeding up the commute between the city's central business district and one of the world's busiest airports.

Comments

Just to head off the inevitable...

[Rei]

This is for Loop, not Hyperloop.

Think SkyTran, but faster and underground. And with both passenger capsules and car capsules.

Also, to anyone who doesn't know how Boring Company is working to reduce tunneling costs... Link.

Re:Just to head off the inevitable...

[mspohr]

A few things. The Boring Company is private, no stock, funded fully by Musk himself so no stock, no stock hype.
The Boring Company actually builds tunnels, not hype. The LA tunnel is ready to open.