Musk later tweeted that he plans to livestream a presentation/Q&A regarding the Boring Company's plans in Los Angeles tomorrow, May 17, at 7pm (presumably PT). The first passengers are supposed to be able to take the tunnel starting later this year.
The Tesla CEO founded the Boring Company in December 2016 to combat auto traffic congestion in the Los Angeles area.
In other words, here's what the partnership could entail: If Musk connects The Boring Company's hyperloop system to the spaceport in order to reduce transit time, he could technically get people from any city center to the other side of the world in less than an hour. The documents also outlined the startup's plans of building a batch plant and carousel system to manufacture and transport concrete rings, which will be used to line the company's projects. The two groups - the Brentwood Residents Coalition and the Sunset Coalition - recently filed a lawsuit alleging that the local government violated state law when it exempted the Boring Company's 2.7-mile proof-of-concept tunnel under Sepulveda Boulevard from review under the California Environmental Quality Act (CEQA).
Once fully operational, the system will always give priority to pods for pedestrians and cyclists for less than the cost of a bus ticket promises Elon Musk.
Whether Elon Musk will be announcing a joint venture between The Boring Company and SpaceX at Thursday's talk in Los Angeles is unclear, but enough hints have been made to suggest that this may indeed be the case.
The company's website says that its "fast to dig, low cost tunnels would also make Hyperloop adoption viable and enable rapid transit across densely populated regions, enabling travel from NY to Washington D.C.in less than 30 minutes". The documents revealed that the Boring Company would be using a special type of concrete for its tunnels. If the Boring company already drilled all of it is not clear. Pending final regulatory approvals, we will be offering free rides to the public in a few months. Strong support from public, elected officials & regulators is critical to success.