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Key takeaways from Elon Musk’s Boring Company information session
Elon Musk provided a number of insights about The Boring Company’s Los Angeles tunneling initiatives in an information session held Thursday night at the Leo Baeck Temple. The event was led by Elon Musk and SpaceX Director Steve Davis, who was listed in the company’s recent SEC filing. Here are the key takeaways from information session.
- The Boring Co.’s tunnel boring machines are all-electric, making them 3x as powerful than conventional tunnel boring machines. Tesla batteries are used to power the machines, which eliminates the need for cabling.
- The Boring Company is aiming to drill and lay tunnel walls simultaneously while excavating dirt from the tunnel using battery-electric locomotives, which are equipped with two Model 3 motors.
- Musk and Davis also discussed the Boring Bricks, interlocking bricks made from tunneling rock. Musk noted that the Boring Bricks, which could be used for affordable housing, are better than cinder blocks. Egyptian model kits, featuring designs like the Temple of Horus, will also be sold.
The Boring Company’s bricks. [Credit: The Boring Co.]
- The Urban Loop transit — electric pods that are designed for commuters — will cost $1 per ticket. The speed of the Urban Loop will be 150 mph, and will enable travel from downtown Los Angeles to LAX airport in 8 minutes. Each pod can carry a maximum of 16 people.
- The Boring Co. tunnels will support Hyperloop technology as well. Just like the Urban Loop’s pods, Hyperloop pods will carry a maximum of 16 people. Hyperloop pods, however, will be much faster, traveling at 700 mph.
- The proof-of-concept tunnel under Sepulveda Blvd. in LA will not be used for public transportation. There will be no street closures, nor any tunneling beneath any homes or businesses. Residents won’t “see, feel, or hear” any of the startup’s activities. Utility lines will be untouched by the project as well.
Transit stations with all-electric pedestrian pods envisioned by The Boring Company
- The Boring Company will be working closely with LA Metro. Musk stated that overall, “we want to connect with and supplement transport systems” that are already in place.
- Rocket technology is being used to develop and build the Boring Co.’s tunnels, considering that a number of SpaceX engineers are working on the tunneling startup’s projects.
- Line-Storm, the company’s second tunnel boring machine, features improvements over Godot, its first TBM. According to Musk, Godot is a conventional tunnel boring machine. Line-Storm, however, is “essentially a hybrid between conventional boring machine and the Proof-Rock, which is the fully Boring Company-designed machine.” Proof-Rock will be 10-15x faster than current TBMs. Line-storm will be at least 2x faster than a conventional boring machine.
- The Boring Company will do a full Environmental Impact Report. Musk noted that the company does not “expect any issues with the EIR.” Musk, stated, however, that the EIR will likely take some time to do.
- Elon Musk teased a party before the proof-of-concept tunnel’s launch.
The Boring Company came to fruition as Elon Musk’s way of alleviating the “soul-destroying” traffic that is prevalent in America’s streets. Just before the livestream, Elon Musk and LA Metro announced that the Boring Co.’s proof-of-concept tunneling project will be going ahead as planned. A statement from LA Metro reads as follows.
“Metro leadership and CEO Phil Washington had a great meeting today with the talented staff of the Boring Company. They will coordinate with us as they move ahead with their proof-of-concept tunnel under Sepulveda Boulevard to ensure it doesn’t interfere with our Sepulveda Transit Corridor rail project. We’ll be partners moving forward.”
Watch the Boring Company’s information session in the video below.
Elon Musk
Tesla CEO Elon Musk confirms Robotaxi safety monitor removal in Austin: here’s when
Musk has made the claim about removing Safety Monitors from Tesla Robotaxi vehicles in Austin three times this year, once in September, once in October, and once in November.
Tesla CEO Elon Musk confirmed on Tuesday at the xAI Hackathon that the company would be removing Safety Monitors from Robotaxis in Austin in just three weeks.
This would meet Musk’s timeline from earlier this year, as he has said on several occasions that Tesla Robotaxis would have no supervision in Austin by the end of 2025.
On Tuesday, Musk said:
“Unsupervised is pretty much solved at this point. So there will be Tesla Robotaxis operating in Austin with no one in them. Not even anyone in the passenger seat in about three weeks.”
Musk has made the claim about removing Safety Monitors from Tesla Robotaxi vehicles in Austin three times this year, once in September, once in October, and once in November.
In September, he said:
“Should be no safety driver by end of year.”
The safety driver is just there for the first few months to be extra safe.
Should be no safety driver by end of year.
— Elon Musk (@elonmusk) September 4, 2025
On the Q3 Earnings Call in October, he said:
“We are expecting ot have no safety drivers in at least large parts of Austin by the end of this year.”
Finally, in November, he reiterated the timeline in a public statement at the Shareholder Meeting:
“I expect Robotaxis to operate without safety drivers in large parts of Austin this year.”
Currently, Tesla uses Safety Monitors in Austin in the passenger’s seat on local roads. They will sit in the driver’s seat for highway routes. In the Bay Area ride-hailing operation, there is always a Safety Monitor in the driver’s seat.
Three weeks would deliver on the end-of-year promise, cutting it close, beating it by just two days. However, it would be a tremendous leap forward in the Robotaxi program, and would shut the mouths of many skeptics who state the current iteration is no different than having an Uber.
Tesla has also expanded its Robotaxi fleet this year, but the company has not given exact figures. Once it expands its fleet, even more progress will be made in Tesla’s self-driving efforts.
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SpaceX reportedly mulling IPO, eyeing largest of all time: report
“I do want to try to figure out some way for Tesla shareholders to participate in SpaceX. I’ve been giving a lot of thought to how to give people access to SpaceX stock,” Musk said.
SpaceX is reportedly mulling an initial public offering, eyeing what would be the largest valuation at the time of availability of all time, a new report from Bloomberg said on Tuesday.
It is one of many reports involving one of Elon Musk’s companies and a massive market move, as this is not the first time we have seen reports of an IPO by SpaceX. Musk himself has also dispelled other reports in the past of a similar nature, including an xAI funding round.
SpaceX and Musk have yet to comment on the report. In the past, untrue reports were promptly replied to by the CEO; this has not yet gained any response, which is a good sign in terms of credibility.
However, he said just a few days ago that stories of this nature are inaccurate:
“There has been a lot of press claiming SpaceX is raising money at $800B, which is not accurate. SpaceX has been cash flow positive for many years and does periodic stock buybacks twice a year to provide liquidity for employees and investors. Valuation increments are a function of progress with Starship and Starlink and securing global direct-to-cell spectrum that greatly increases our addressable market. And one other thing that is arguably most significant by far.”
There has been a lot of press claiming @SpaceX is raising money at $800B, which is not accurate.
SpaceX has been cash flow positive for many years and does periodic stock buybacks twice a year to provide liquidity for employees and investors.
Valuation increments are a…
— Elon Musk (@elonmusk) December 6, 2025
Musk has discussed a potential IPO for SpaceX in recent months, as the November 6 shareholder meeting, as he commented on the “downsides” of having a public company, like litigation exposure, quarterly reporting pressures, and other inconveniences.
Nevertheless, Musk has also said he wants there to be a way for Tesla shareholders to get in on the action. At the meeting in early November, he said:
“I do want to try to figure out some way for Tesla shareholders to participate in SpaceX. I’ve been giving a lot of thought to how to give people access to SpaceX stock.”
Additionally, he added:
“Maybe at some point., SpaceX should become a public company despite all the downsides of being public.”
Musk has been historically reluctant to take SpaceX public, at times stating it could become a barrier to colonizing Mars. That does not mean it will not happen.
Bloomberg’s report cites multiple unidentified sources who are familiar with the matter. They indicate to the publication that SpaceX wants to go public in mid-to-late 2026, and it wants to raise $30 billion at a valuation of around $1.5 trillion.
This is not the first time SpaceX has discussed an IPO; we reported on it nine years ago. We hope it is true, as the community has spoken for a long time about having access to SpaceX stock. Legendary investor Ron Baron is one of the lucky few to be a SpaceX investor, and said it, along with Tesla, is a “lifetime investment.”
Tesla bull Ron Baron reveals $100M SpaceX investment, sees 3-5x return on TSLA
The primary driver of SpaceX’s value is Starlink, the company’s satellite internet service. Starlink contributes 60-70 percent of SpaceX’s revenue, meaning it is the primary value engine. Launch services, like Falcon 9 contracts, and the development of Starship, also play supporting roles.
SpaceX reached an incredible milestone with its Starlink program with a launch last night, as the 3,000th satellite of the year was launched into low Earth orbit.
On Monday, SpaceX also achieved its 32nd flight with a single Falcon 9 rocket from NASA’s Kennedy Space Center.
The mission was Starlink 6-92, and it utilized the Falcon 9 B1067 for the 32nd time this year, the most-used Falcon booster. The flight delivered SpaceX’s 3000th Starlink satellite of the year, a massive achievement.
There were 29 Starlink satellites launched and deployed into LEO during this particular mission:
Falcon 9 launches 29 @Starlink satellites from Florida pic.twitter.com/utKrXjHzPN
— SpaceX (@SpaceX) December 9, 2025
SpaceX has a current goal of certifying its Falcon boosters for 40 missions apiece, according to Spaceflight Now.
The flight was the 350th orbital launch from the nearby SLC-40, and the 3,000 satellites that have been successfully launched this year continue to contribute to the company’s goal of having 12,000 satellites contributing to global internet coverage.
There are over five million users of Starlink, the latest data shows.
Following the launch and stage separation, the Falcon 9 booster completed its mission with a perfect landing on the ‘Just Read the Instructions’ droneship.
The mission was the 575th overall Falcon 9 launch, highlighting SpaceX’s operational tempo, which continues to be accelerated. The company averages two missions per week, and underscores CEO Elon Musk’s vision of a multi-planetary future, where reliable connectivity is crucial for remote work, education, and emergency response.
As Starlink expands and works toward that elusive and crucial 12,000 satellite goal, missions like 6-92 pave the way for innovations in telecommunications and enable more internet access to people across the globe.
With regulatory approvals in over 100 countries and millions of current subscribers, SpaceX continues to democratize space, proving that reusability is not just feasible, but it’s also revolutionary.
Tesla CEO Elon Musk confirms Robotaxi safety monitor removal in Austin: here’s when
SpaceX reportedly mulling IPO, eyeing largest of all time: report
