Official announcements from The Boring Company or major financial news outlets

Elon Musk Proposes $20 Billion, 3,400-Mile Tunnel from NYC to London at $6 Million per Mile, Promising 54-Minute Travel Time

Dec 10, 2024, 01:15 PM

Elon Musk has proposed a plan for the construction of a transatlantic tunnel connecting New York City to London, claiming that his company, The Boring Company, could complete the project for $20 billion, or approximately $6 million per mile. The ambitious project aims to significantly reduce travel time across the Atlantic to just 54 minutes. Musk's assertion has garnered attention, with various commentators suggesting that the project could be feasible if Musk were given the necessary funding and permits. The estimated length of the tunnel would be about 3,400 miles, raising questions about the engineering challenges and costs involved. Musk's proposal has reignited discussions about the viability of such large-scale infrastructure projects.