Elon Musk is back with another bold claim. This time, he says The Boring Company could build the long-discussed trans-Atlantic tunnel for “1000X less money” than the staggering $20 trillion price tag being floated around. But before you start dreaming of zooming from New York to London in under an hour, let's unpack what's really going on here.
A $20 Trillion Dream With No Plans in Sight
The idea of a tunnel connecting America and Europe is not new – it's been around for decades. But it's always been more science fiction than reality. According to Newsweek and other outlets, the price tag alone makes it almost impossible, with estimates reaching $20 trillion. That's almost the entire GDP of the United States!
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Despite some flashy headlines, no plans exist to build this tunnel. Governments haven't approved it, no budgets have been allocated and no construction companies have been hired. In short, it's just a concept. Musk's claim to do it for a fraction of the cost adds to the spectacle, but he isn't even breaking ground on it anytime soon.
From Vision to Flop
Musk’s comment also ties into his promotion of hyperloop technology, which uses vacuum-sealed tubes to propel trains at incredible speeds. In 2013, Musk popularized the idea with a white paper that excited people about futuristic travel. But more than a decade later, hyperloop has been anything but groundbreaking.
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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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