The Boring Company
| The Boring Company | |
|---|---|
 | |
| NIST Sector | Transportation |
| GICS Industrial | Technology Hardware & Equipment |
| Business type | "Public Company" is not in the list (Sole proprietorship, Partnership, Nonprofit, Other, Federal Government, State Government, Local Government, Public, Employee Owned, Private, ...) of allowed values for the "Has biztype" property. |
| Year Founded | December 17, 2016 |
| Founder(s) | Elon Musk |
| City, State | Austin TX |
| Country | United States |
| Region Served | Worldwide |
| Executives | Steve Davis |
| Revenue | $13.9M€ 12.232 <br />£ 10.286 <br />CA$ 17.653 <br />CNY 87.987 <br />KRW 17.034 <br /> |
| Number of employees | 80 |
| Sponsorship Level | Of Interest |
- Members
The Boring Company creates safe, fast-to-dig, and low-cost transportation, utility, and freight tunnels
The mission: solve traffic, enable rapid point-to-point transportation and transform cities
Activities
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Boring Company Las Vegas Convention Center Loop | |
| The LVCC Loop system — a three-station transportation system consisting of 1.7 miles of tunnel — was built in approximately one year (using the now-legacy Godot Tunnel Boring Machine). LVCC Loop's cost was approximately $47M (firm fixed pricing) for the two tunnels and three stations (two surface and one subsurface). Tunneling occurred during large conventions (>100,000 attendees pre-COVID) with zero road closures and zero attendee disturbances. | ||
Details
Why Tunnels?
To solve the problem of soul-destroying traffic, roads must go 3D, which means either flying cars or tunnels are needed. Unlike flying cars, tunnels are weatherproof, out of sight, and won't fall on your head.
Tunnels minimize usage of valuable surface land and do not conflict with existing transportation systems. A large network of tunnels can alleviate congestion in any city; no matter how large a city grows, more levels of tunnels can be added.
introducing loop
Loop is an all-electric, zero-emissions, underground public transportation system in which passengers are transported directly to their final destination with no stops along the way.
Located at the Las Vegas Convention Center, LVCC Loop is the first commercially operating Loop system.
Meet Prufrock
Prufrock is designed to construct mega-infrastructure projects in a matter of weeks instead of years
Prufrock is designed to tunnel at a speed of 1 mile per week, which is 6 times faster than The Boring Company’s previous generation TBM (Godot-Plus). This is still 4-5 times slower than a garden snail...but Prufrock is catching up!