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The Boring Company (TBC) is an American infrastructure, tunnel construction service, and equipment company founded by Elon Musk. TBC was founded as a subsidiary of SpaceX in 2017, and was spun off as a separate corporation in 2018. TBC has completed multiple test tunnels and one tunneling project that is open to the public.
Musk founded The Boring Company in 2017 with the vision of remaking urban transit. But Boring, which spun out of SpaceX in 2018, isn’t your everyday tunnel maker.
The Boring Company won the $48.7 million contract in May 2019. [4] and began drilling the first tunnel on November 15, 2019, digging at about 49 feet (15 m) per day. The 4,475 feet (1,364 m) first leg tunnel was completed on February 14, 2020. [5] [6] The second tunnel was finished that May. [7]
There may be few places where this tension is playing out so plainly as it is at Elon Musk’s Boring Company, the tunnel construction startup backed by Sequoia Capital and Vy Capital that is ...
Engineers and workers have been boring the 1.14-mile-long tunnel underneath one of the main streets in Hawthorne, California. One end of the tunnel starts in a parking lot owned by Elon Musk's ...
On December 17, 2016, Elon Musk, the founder of the Boring Company, stated that he was frustrated with traffic jams, and would start building a tunnel. [6] By April 2017, The Boring Company had obtained a second-hand tunnel boring machine, transported the machine to Hawthorne, and had it repainted in Boring Company colors. [7]
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Elon Reeve Musk (/ ˈ iː l ɒ n m ʌ s k /; born June 28, 1971) is a businessman and U.S. Special Government Employee, best known for his key roles in Tesla, Inc. and SpaceX, and his ownership of Twitter. Musk is the wealthiest individual in the world; as of February 2025, Forbes estimates his net worth to be US$397 billion.