Elon Musk to build Chicago O'Hare high-speed rail link

Galtero Lara
Junio 17, 2018

Musk announced last month that it had almost finished building its first stretch of tunnel there. The result gives the young company a big boost in legitimacy as it tries to get transportation projects underway in Los Angeles and Washington, D.C.

This is "the fast lane to Chicago's future", Emanuel said.

"I'd hope that you'd cheer us on, because if we succeed it's going to be a great thing for the city, and if we fail, well I guess me and others will lose a bunch of money". No taxpayer funding will go towards the project.

The project is unusual in that no government funding is involved, forcing the victor to finance the entire construction cost itself. Dubai's giant port operator DP World in April teamed up with billionaire Richard Branson's Virgin Hyperloop to create a new company focused on tube-based cargo transport systems that would link roads, rail lines and airports. Find us on Facebook too! But Musk told a news conference that the project could break ground as early as four months from now, pending regulatory reviews, and be completed in three years or less.

The state of IN was forced to take over a faltering public-private road construction partnership previous year due to the private developer's fiscal woes and Chicago has seen its share of boldly envisioned projects that have stalled. Once construction begins he'd like to see the system operational in 18 months to two years, but said it should be no more than three years.

"Before we green light a potential boondoggle, the public deserves answers about how this will be paid for, and how this supposedly entirely privately funded plan will be kept accountable to Chicagoans", Alderman Scott Waguespack, chairman of the council's Progressive Reform Caucus, said in a statement Thursday.

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The 12-minute ride - which Emanuel equated to "three songs on your iPod" - compares to the roughly 40 minutes it now takes to make it from O'Hare to the city via the Chicago Transportation Authority's Blue Line train.

The company plans to collect ticket and advertising revenue, and Deputy Mayor Robert Rivkin said the estimated fare will be $20 to $25 per ride, which is significantly less than a taxi ride to or from the airport.

The Boring Company says it knows how to increase tunneling speed and drop tunneling costs by a factor of 10 or more compared to traditional methods, but has not delivered such a tunnel to the public.

Each vehicle, build on the Tesla Model X chassis, will carry up to 16 passengers, plus their luggage, and will depart from O'Hare International Airport and from the city center as frequently as every 30 seconds.

The current daily number of air passengers travelling between O'Hare and the Chicago Central Business District is approximately 20,000 and is forecast to grow to at least 35,000 in 2045.

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