Elon Musk’s Boring Company in Talks for Multi-Billion Amtrak Contract
Federal railroad regulators are reportedly in discussions with Elon Musk’s tunneling firm, The Boring Company (TBC), regarding a potential multi-billion-dollar Amtrak contract. According to The New York Times, the Federal Railroad Administration (FRA) has engaged with TBC to explore cost-saving opportunities for the Frederick Douglass Tunnel program, a critical infrastructure project connecting Baltimore to Washington and Virginia. Initially projected at $6 billion, the tunnel’s estimated cost has ballooned to $8.5 billion, prompting the FRA to consider alternative solutions.
Potential Savings and Project Scope
The Frederick Douglass Tunnel program is a high-priority Amtrak initiative designed to enhance rail connectivity between Baltimore, Washington, and Virginia. With costs escalating, the FRA has turned to The Boring Company-known for its tunneling innovations-to assess feasibility and potential savings. TBC’s involvement could streamline construction and reduce expenses, though critics highlight Musk’s divided focus across his ventures, including SpaceX, Tesla, and his advisory role in the Trump administration.
Conflicts of Interest and Industry Scrutiny
While TBC is one of several firms under consideration, Musk’s overlapping responsibilities have raised concerns. His leadership in companies subject to federal regulation, combined with his political engagements, introduces potential conflicts. Additionally, recent budget cuts to agencies overseeing his businesses have fueled skepticism about impartiality in awarding such a significant contract.