The ‘Boring’ Company of Elon Musk

21

October

2017

5/5 (3)

Yet again Elon Musk, the founder of Tesla and SpaceX, has come up with another genius idea. Besides trying to land people on Mars to save the ‘humanity’ and providing the world with eco-friendly super cars, Elon Musk has another idea of revolutionizing the transportation industry. This time with his Hyperloop concept, which is a tunnel between New York and Washington DC. This includes building a low-pressure tube above-ground that could shoot pods at speed up to 700 mph which also could run on solar power.

The technology has not been fully proven yet, but there have been some successful trials. Other companies are also experimenting with the Hyperloop technology. Hyperloop One, another start-up has two successful tests. The passenger pod of them levitated above the Hyperloop track using magnetic levitation (Muoio, 2017).

Elon Musk with ‘The Boring Company’, this is the actual name of the company, still needs to secure federal and state approval to advance its project proposals. He is also in talks with the mayors of Los Angeles and Chicago to make this Hyperloop thing happen. The Boring Company projects are based at the SpaceX’s campus in Hawthorne. If everything goes to plan Elon Musk will build an Hyperloop between New York and Washington DC that could transport people between these cities within 30 minutes. If the project succeeds the tunnelling venture could become one of Musk’s biggest legacy (Muoio, 2017).

The burning question however is, will Elon Musk succeed at all? There are many projects that has failed under the supervision of Elon Musk. Despites Musk’s impressive resume littered with accomplishments, it is worth remembering it’s not all sunbeams and soaring stock prices. To mention a few examples: he was ousted as CEO of his own company Zip2, oust from PayPal while on his honeymoon, several exploded rockets during the rocket launch and several problems with the Tesla’s cars (French, 2017).
Do you think that Elon Musk will succeed with his Hyperloop idea? Hit the subscribe button if you liked this article or comment below.

Resources:

French, S. (2017). The many failures of Elon Musk. Retrieved from: https://www.businessinsider.nl/elon-musk-hyperloop-plan-boring-company-2017-8/?international=true&r=US
Muoio, D. (2017). Everything we known about Elon Musk’s ambitious Hyperloop plan. Retrieved from: http://www.marketwatch.com/story/the-many-failures-of-elon-musk-captured-in-one-giant-infographic-2017-05-24

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