MUSK’S BOR­ING CO TO BUILD HIGH-SPEED COM­MUTER SYS­TEM

National Post (Latest Edition) - - FINANCIAL POST -

Chicago has se­lected bil­lion­aire en­tre­pre­neur Elon Musk’s Bor­ing Co to build a high­speed un­der­ground com­muter sys­tem from the down­town Loop dis­trict to O’Hare In­ter­na­tional Air­port, one of the world’s busiest, the com­pany and the mayor’s of­fice said. The ser­vice from down­town to the air­port on elec­tric ve­hi­cles in un­der­ground tun­nels will take 12 min­utes, may­oral spokesman Adam Collins and the com­pany said on Twit­ter on Wednesday night. The trip cur­rently takes 30 to 45 min­utes. The pro­ject will be funded by the com­pany with no tax­payer sub­si­dies, Collins and the com­pany said. The plan, which still re­quires reg­u­la­tory ap­provals, was to be for­mally an­nounced by Mayor Rahm Emanuel on Thursday af­ter­noon.

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