The Boring Company, founded by Elon Musk, officially broke ground on an expansion of its Las Vegas Convention Center Loop. The project aims to extend the existing 1.7-mile tunnel system by an additional 2.3 miles, increasing the total network to 4 miles. Construction began with a ceremonial event attended by local officials and company representatives, marking the start of a $245 million investment. The expansion will add four new stations, bringing the total to nine, and is designed to handle up to 12,000 passengers per hour during peak convention periods. The system, which uses Tesla electric vehicles to transport passengers, has already served over 1.2 million riders since its launch in 2021. The new tunnels are expected to be completed by mid-2027, with initial testing scheduled for late 2026. The project includes advanced ventilation and safety systems, adhering to updated federal guidelines, and will incorporate a 20% increase in tunnel diameter to accommodate higher traffic flow. The Boring Company has secured partnerships with three additional Las Vegas hotels, which will connect to the loop, boosting its commercial viability. This expansion follows a successful 2024 revenue report, with the company generating $45 million from the original loop, signaling strong growth in its underground transportation ventures. The initiative is part of a broader plan to extend the network across the Las Vegas Strip by 2030.
34news.online
34news.online
