A $20 Trillion Dream With No Plans in Sight
- by Benzinga.com
- Jan 14, 2025
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Despite some test tracks by Musk’s Boring Company and pilot projects by other companies in places like India and China, no commercial hyperloop system is operational today. Many experts have criticized the technology as impractical and overly expensive. In fact, The Boring Company quietly shifted its focus away from hyperloop projects, opting instead for much simpler underground tunnels for cars.
The Tunnel Isn’t a New Idea
Engineers and dreamers have discussed building a tunnel between the U.S. and the U.K. for decades, long before Musk became a household name. The idea gained traction in the early 20th century but was dismissed as too expensive and complicated.
Even today, the logistical challenges are immense. We're talking about building a tunnel over 3,000 miles long, either floating in the ocean or buried beneath the seabed. Compare that to the Channel Tunnel between France and the U.K., which was 23 miles long and took six years to build. If the trans-Atlantic tunnel were built simultaneously, it could take centuries to finish.
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What's the Takeaway?
Musk's claim that The Boring Company could do it for a fraction of the cost is classic Elon – bold and headline-grabbing but with little substance behind it. While breakthroughs in vacuum train technology make high-speed trans-Atlantic travel sound exciting, there's no clear plan, funding or timeline for making it happen. Plus, Musk's track record with hyperloop doesn’t inspire confidence.
For now, the trans-Atlantic tunnel remains firmly in the realm of fantasy. Musk's comment may grab attention, but it doesn't change that this idea is more pipe dream than project. So don't hold your breath for that 54-minute trip from New York to London – at least not anytime soon.
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