Elon Musk's Company To Build Chicago-To-O'Hare High-Speed Underground Transport

Elon Musk’s Boring Co. wins Chicago high-speed train bid

As for what form the company's train will take, a year ago Musk tweeted: "Electric pods for sure".

A new proposal for a high-speed rail line from downtown Chicago to O'Hare International Airport could radically change how people get to and from the city.

The $250 million station beneath Block 37 was first envisioned as the hub of an express train system linking downtown to both O'Hare and Midway airports, but was abandoned in 2011 while only half-finished, after running well over budget. The final route of the new transit system is still being finalized, but Musk estimates that these vehicles could transport passengers downtown in only 12 minutes - a dramatic decrease from the usual 30- to 40-minute taxi ride - and for just $20-$25.

Musk unveiled a similar plan last month in Los Angeles to build tunnels beneath the city for a high-speed network of "personalized mass transit".

Elon Musk's venture was picked to finance and build an express train from the downtown Loop neighborhood to Chicago's O'Hare International Airport, Mayor Rahm Emanuel announced. Maryland's Department of Transportation gave conditional approval to the construction of a tunnel from Baltimore to Washington for a super-high-speed transportation system, The Washington Post reported in October. Video renderings of the system show autonomous vehicles that can pick up passengers at street level and then move them along concrete tubes to their destination.

FOX Business' Thomas Barrabi contributed to this article.

Emanuel's office said Chicago will negotiate directly and only with The Boring Company for a deal that will eventually be revealed to the City Council.

According to published reports, The Boring Co. has estimated the project would cost less than $1 billion. Musk's company also would keep all revenue from ticket sales and advertising. That compares to the roughly 40 minutes it now takes to make it from O'Hare to the city via the Chicago Transportation Authority's Blue Line train. They are created to carry between eight and 16 passengers, or a single passenger vehicle, according to the company.

The vehicles, which the company calls "electric skates", operate on platforms adapted from the Tesla Model X. Opponents say the exemption Boring seeks from a lengthy environmental review of the Los Angeles test tunnel violates state law forbidding such waivers for large-scope projects on a piecemeal basis.

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