by Brian Wang
Boring Company current and highly likely potential projects are mainly in Las Vegas, Texas, California and Florida. Boring Company will make over $600 million to build the Las Vegas system. There are about $1-2 billion of other projects under consideration for Boring Company.
IF Boring Company goes slowing it will take 2-3 years to complete the Las Vegas System. If other contracts get signed other projects get started then it would make sense to order more tunneling machines and increase the speed of tunneling and project completion. If Projects are costed at $10 million per kilometer then Boring Company would need to complete 100 kilometers per year to earn $1 Billion per year.
It seems like for demand to rapidly increase, then Elon’s other companies would need to be major customers to prove that these tunnels and construction are superior. Elon is getting some tunnels to connect SpaceX, Boring and Tesla facilities. The other major demand catalyst would be a prompt completion and successful operation of over half of the Vegas system. This could happen late in 2024.
Tesla and SpaceX will become vastly larger companies and they will have the need for tunneling infrastructure. SpaceX will eventually need extensive electric tunneling systems for moon and Mars applications.
The Boring Tunneling machines are operating at about 40 meters per day. The tunneling can be faster but there are construction logistics that prevent 46 meters per day.
The next Boring Tunnel machine should increase to 60 meters per day or more.
Will runs the A Boring Revolution youtube and has tracked Boring Company very closely.
Will believes that it will be difficult to get Boring Company tunneling machines to surpass meters per day. There are material issues for the digging parts and maintenance issues.
Even with these limitations 8 Version 4 Boring Company tunneling machines would be able to complete over 104,000 meters of tunneling for the 64 mile Las Vegas system in 7 months instead of 3 years with 3 version 3 tunneling machines.
The stations for Boring Company stations can be built at the same time as the tunnels. Tunnels must be completed with cement and other work after tunnels are made.
Boring Revolution has been tracking the Boring Projects.
Brian Wang is a Futurist Thought Leader and a popular Science blogger with 1 million readers per month. His blog Nextbigfuture.com is ranked #1 Science News Blog. It covers many disruptive technology and trends including Space, Robotics, Artificial Intelligence, Medicine, Anti-aging Biotechnology, and Nanotechnology.
Known for identifying cutting edge technologies, he is currently a Co-Founder of a startup and fundraiser for high potential early-stage companies. He is the Head of Research for Allocations for deep technology investments and an Angel Investor at Space Angels.
A frequent speaker at corporations, he has been a TEDx speaker, a Singularity University speaker and guest at numerous interviews for radio and podcasts. He is open to public speaking and advising engagements.
