We just got our first glimpse of Elon Musk’s new tunnel company

Danielle Muoio

Updated 27 April 2017 at 11:07 am

Elon Musk’s tunnel boring company is coming to life.

A SpaceX employee posted a photo of the company’s first tunnel boring machine on Thursday. The machine clearly displays the company’s logo: The Boring Company. The post has since be removed.

Screenshot

The SpaceX and Tesla CEO first floated the idea of launching a tunnel boring company in December when he was stuck in Los Angeles traffic.

Musk began digging a “demo tunnel” in the SpaceX parking lot in February that can accommodate cars and serve as the basis for an underground transportation network, Bloomberg reported at the time. Musk doesn’t need permits to dig on SpaceX’s campus, but will need to acquire permits with the city of Los Angeles to extend the tunnel beyond the property line.

Musk plans to build an underground network that “includes as many as 30 levels of tunnels for cars and high-speed trains such as the Hyperloop,” according to the Bloomberg report. He has already acquired the domain name BoringCompany.com and tapped Steve Davis, a senior SpaceX engineer who Musk tapped to lead the project,.

Correction: A previous version of this article said Steve Davis posted the photo.

Get the latest Tesla stock price here.

Traffic is driving me nuts. Am going to build a tunnel boring machine and just start digging…
— Elon Musk (@elonmusk) December 17, 2016

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The post We just got our first glimpse of Elon Musk’s new tunnel company appeared first on Business Insider.

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