Federal railroad regulators are in talks with Elon Musk’s tunneling agency, The Boring Firm (TBC), over a multi-billion Amtrak challenge, in line with The New York Instances.
Citing sources acquainted with the matter, the NYT experiences that Federal Railroad Administration officers have spoken with TBC to be taught whether or not the Musk-owned firm may save the company cash on the Frederick Douglass Tunnel program.
The challenge, which is being constructed to attach Baltimore to Washington and Virginia, was initially projected to price $6 billion, however present estimates recommend it may price as a lot as $8.5 billion.
Whereas TBC was one in every of a number of firms to be thought-about for a brand new engineering contract, the talks increase crimson flags about Musk’s many conflicts of curiosity as he splits his time between his firms, his position as President Trump’s right-hand man, and as overseer of DOGE, which has minimize sources to businesses that regulate his companies.
{content material}
Supply: {feed_title}