CHICAGO — Elon Musk announced on Twitter that his The Boring Company will bid to build a transit link between O'Hare airport and downtown Chicago, engadget reports.
The project, unveiled Nov. 28 by Chicago Mayor Rahm Emanuel, aims to provide commuters with a 20-minute option to taxi or Uber rides, which cost between $40 and $60. The project could run under or below ground, and will be bankrolled "entirely by the concessionaire" and not taxpayers.
The Boring Company will compete to fund, build & operate a high-speed Loop connecting Chicago O’Hare Airport to downtown https://t.co/bRqKpzSJjz— Elon Musk (@elonmusk) November 30, 2017
The Boring Company has shown off futuristic plans for a high-speed "skate" that would carry cars from point-to-point, but hasn't discussed subway-style transportation. The Chicago Transit Authority already has trains that run between both Midway and O'Hare and downtown for $5, but the travel time is around 45 minutes. The high-speed option would take just 20 minutes and provide a direct trip from O'Hare to downtown. For the full story, click here.