Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below.
Elon Musk says The Boring Company is working on a high-speed tunnel between Austin and San Antonio that could cut travel times to less than 30 minutes.
Speeds Above 200 MPH
In a post on X, Musk shared an old video by user Aze Alter that showcased what the future could look like. Musk then responded to his own post, touting a new hyperloop. “Boring Company is working on a simple, precursor Hyperloop tunnel between Austin and San Antonio (>200 mph),” Musk said.
He added that because of “traffic congestion,” the journey between the two cities could take up to two and a half hours. He added that the Boring Company could “reduce that to a consistent <30 mins.”
Boring Company is working on a simple, precursor Hyperloop tunnel between Austin and San Antonio (>200 mph).
Due to traffic congestion, that journey can currently take up to 2.5 hours. @BoringCompany can reduce that to a consistent <30 mins.
— Elon Musk (@elonmusk) September 20, 2026
Boring Company’s Latest Funding Round
Earlier this month, the tunneling company, in its latest funding round, raised $3 billion, led mainly by UAE-based entities, bringing the company’s total valuation to $23 billion. Notably, Boring Co. said that the UAE partnership may also involve over 93 miles of underground infrastructure down the road, building on its previously announced Dubai Loop project.
Elsewhere, Tesla Inc. (NASDAQ:TSLA) is gearing up for the debut of the Roadster high-performance vehicle on October 1st, which, Musk has said, would have “guaranteed” excitement. Tesla also began taking reservations for the Roadster again, ahead of the launch, charging prospective buyers $50,000 to make their reservation.
A Tesla SpaceX Merger?
Last week, the billionaire also fueled speculation of a possible merger between Tesla and commercial spaceflight company Space Exploration Technologies Corp. (NASDAQ:SPCX) during an appearance on the All In Podcast, citing deep collaboration between Tesla and SpaceX.
Read Also:EXCLUSIVE: Tesla Vehicles Maintain Nearly 19% Junk Title Rate Across Age Groups, VIN Analysis Shows
Check out more of Benzinga’s Future Of Mobility coverage by following this link.
Photo courtesy: Shutterstock
This article Austin to San Antonio in Under 30 Minutes? Elon Musk Says Boring Company Is Working on 200+ MPH Tunnel to Beat Traffic originally appeared on Benzinga.com
© 2026 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.