Elon Musk's Boring Company Lands Las Vegas Contract

The Boring Company has acquired its first project, to build the Loop underground system in Las Vegas.

Las Vegas and boring are not usually words placed side by side. However, as times change so must our expectations keep up, as we learn that Elon Musk's The Boring Company is to enter an exclusive contract in Las Vegas. 

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What is the company currently negotiating? The design, construction and operation of the $48.6 million underground transit line for the Las Vegas Convention Center, which will be known as the Loop.

Like many matters in Las Vegas, it is still a gamble. 

The Sin City has suffered from congestion issues, and this project aims to improve these for the resort area, as well as the wider community. The Las Vegas Convention and Visitors Authority's (LVCVA) board has almost entirely been in favor of the project. The only one objecting to the project is Las Vegas Mayor: Carolyn Goodman. 

Goodman's issue with the Boring Company taking on the project is its lack of experience.

Even with the LVCVA's majority of the board set to press the start button, the Mayor's concerns are echoed around the country. Maryland and Chicago have been faced with similar doubts over Musk's Boring Company's abilities in terms of civic hold-ups.

What will the Loop look like?

Planned as a tunnel with a modified Tesla Model X frame, it will be known as the Autonomous Electric Vehicle (AEV). The AEV will carry up to 16 passengers, standing and seated, up to 155 MPH along its underground tunnels.

Elon Musk's Boring Company Lands Las Vegas Contract
Potential Loop stations in Convention Center. Source: The Boring Company

Why, we hear you ask?

The current Las Vegas Convention Center has been undergoing expansions since last year. The additional segments will add over 4 million square feet to the land, which includes 600,000 square feet of additional, rentable, exhibition space. 

With that in mind, the Loop's job will be to connect the two buildings, currently set apart across the street from each other, and minimize the 15-minute walk down to a 1-minute ride. Not such an unwelcome thought in the Nevada desert heat.

As we have seen in past years, Musk usually goes big, not home. Further projects linked to the Boring Company's FAQ include an expansion of the McCarran International Airport, hotels on the Las Vegas strip, the Las Vegas Stadium, and more, which will add to the Loop's route substantially if it all goes full steam ahead.

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