Boring the Loop

Most recent stories in Boring the Loop

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  Charles Wardell

  

  Boring Company gets go-ahead to begin engineering work for Kyle pedestrian tunnel

  bizjournals.com - Justin Sayers

  For the first time, Elon Musk's tunneling startup, The Boring Company, has gotten the go-ahead to start working on a public-facing project in the …

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  Charles Wardell

  

  Elon Musk's Boring Company says it will begin testing its Hyperloop, nearly 9 years after the futuristic transportation system was first proposed

  Business Insider - Grace Kay

  The Boring Company offered an update on its hyperloop ambitions, saying on Monday that it would begin testing for a full-scale version of the transportation system "later this year." The announcement came nearly 9 years after the tunnel-construction company's founder, Elon Musk, first revealed his …

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  Charles Wardell

  

  Boring Company raises additional $675 million as investors chuck money into holes in the ground

  The Verge - James Vincent

  The Boring Company has raised a new round of funding worth $675 million, with Elon Musk’s grand plan to “solve traffic” with tunnels now valued at $5.675 billion. In a blog post announcing the news, the company reiterated its goals and achievements so far, drawing particular attention to its “next …

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  Charles Wardell

  

  Elon Musk's Boring Company raises $675 million to accelerate its tunnel-digging under cities

  Electrek - Fred Lambert

  Elon Musk’s The Boring Company announced that it has raised $675 million in a new funding round valuing the company at $5.675 billion. It plans to use the funds to build many new boring machines and dig tunnels under more cities. The Boring Company (TBC) wrote in a press release: Our Series C funding …

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  Charles Wardell

  

  The Boring Company, Elon Musk's tunnel-making company receives $650 million in funding

  Entrepreneur

  The Boring Company is one of Elon Musk 's companies and contrary to its name, it is anything but boring. Since its foundation in 2016, the company has been working on the development of a tunnel system that helps solve the severe traffic problems of large cities and that allows the agile …

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  Charles Wardell

  

  Virgin Hyperloop lays off 111 staffers as it abandons plans for passenger transport

  Engadget - Daniel Cooper

  The simpler world of cargo shifting is its new priority. Virgin Hyperloop has fired 111 of its employees as it abandons the idea of making its system ready for passenger use. The Financial Times is reporting that the company is exclusively focusing on moving cargo, and has slashed almost half of its …