UPDATE On The Boring Company 2022!
Elon Musk is an entrepreneur who has ideas that are extremely outside the box. One of his companies, called The Boring Company, is one of his industry redefining ventures that is looking to revolutionize the transportation industry as we know it completely. How are they hoping to do this? Will they be successful in their highly ambitious goals, or will their extremely high valuation be their downfall?
Elon Musk is an innovator in so many fields that it is almost impossible to keep track of them all. From automobiles to batteries, social media to space travel, he has invested in and owns companies across a highly varied set of industries. One of these companies that Elon owns and operates, is The Boring Company valued at over 5.6 billion dollars. Despite its name, the company, its goals and what Elon hopes to accomplish through them are actually quite interesting.
While Elon has a number of famous enterprises such as Tesla and SpaceX that are well known amongst the public for the new and innovative ideas they bring about in their fields, The Boring Company is not as well known in terms of what they do and the changes they are making in their field. True to its name, The Boring Company is involved in boring or drilling through the earth, creating massive tunnels for underground transport.
One of Elon’s many revolutionary ideas is that tunneling underground is the solution to the extreme traffic problems that are being faced in most of the world’s major cities and towns due to overpopulation and too many vehicles.
He believes that the next step in the evolution of transportation will happen underground, through huge networks of tunnels under the cities that will help reduce traffic on the surface, especially in the busy and crowded portions of cities, while also helping people save time, fuel and money. The Boring Company was started with this exact goal in mind and has been working hard to make it a reality for over six years, since 2016.
UPDATE On The Boring Company 2022!
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