(Reuters) – Elon Musk, founder of tunneling company Boring Company, said in a tweet that a commercial tunnel in Las Vegas would “hopefully” be fully operational in 2020.
“Boring Co will complete its first commercial tunnel in Vegas, from the convention center to the strip, and then work on other projects,” Musk tweeted late Friday in response to a user question about the company’s tunnels.
Musk, who also runs electric car maker Tesla Inc and the spaceX rocket company, has tried to revolutionize transportation by sending capsule-packed passengers through an intercity system of giant underground vacuum tubes known as Hyperloop.
The company has completed its Test Tunnel project in Hawthorne, California. Other ongoing projects include the Chicago Express Loop and the East Coast Loop from Washington DC to Baltimore.
In April, the U.S. Department of Transportation released a draft environmental review for a Washington DC-Baltimore tunnel. This was the first step in an official review of the project by Boring Co.
In July, Boring Co raised around $ 117 million in a round of financing from 20 unnamed investors after the company offered to sell around $ 120 million in shares.
(Reporting by Mekhla Raina in Bengaluru; editing by Chizu Nomiyama)