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The Boring Company’s gantry and next-gen TBM takes shape ahead of Chicago project
While The Boring Company is hard at work preparing for the upcoming public showing of its proof-of-concept tunnel in Hawthorne, CA on December 10, the tunneling startup also appears to be laying the foundations for its high-profile transport project in Chicago. The project, which would connect downtown Chicago to O’Hare airport, is expected to break ground within the next few months.
The contract for the Chicago-O’Hare transport line had several key bidders, including veteran conglomerates with decades of experience in building transportation systems. Quite surprisingly, Chicago awarded the contract for the project to the young tunneling startup, partly due to The Boring Company’s commitment to funding the tunnel system through private investors. In true Elon Musk fashion, the timeline for the Chicago tunnels is aggressive, with the startup aiming to have the high-speed systems operational in 18-24 months after the initial digging.
The Boring Company has issued few updates on the Chicago project since it won the contract last June. Save for an image of a tunnel boring machine gantry that was shared on Twitter; the tunneling startup has been quite silent about the progress of its preparations for the high-profile project. Earlier this month, though, Teslarati photographers Pauline Acalin and Tom Cross were able to snap more images of the TBM gantry being built for the Chicago transport line. What’s more, sophisticated equipment in the same site also suggests that a large machine — possibly The Boring Company’s new TBM — is under construction.
- The Boring Company’s site for the assembly of its TBM gantry and its next-generation boring machine. [Credit: Pauline Acalin/Teslarati]
- The Boring Company’s site for the assembly of its TBM gantry and its next-generation boring machine. [Credit: Pauline Acalin/Teslarati]
The Boring Company’s construction site for its gantry and TBM. [Credit: Pauline Acalin/Teslarati]
During the Boring Company’s information session earlier this year, Elon Musk described the design of the startup’s tunnel boring machines. According to Musk, Godot, the company’s first TBM, is a conventional tunneling machine. Line-Storm, which was announced by Musk on Twitter last October, would be a hybrid, with parts from conventional boring machines and custom hardware designed by the company. Thanks to its hybrid nature, Line-Storm would be 2x faster than Godot. Proof-Rock, a third-generation TBM, will be developed entirely by the Boring Company, and it would be 10-15x faster than conventional TBMs.
It remains to be seen if the machine seemingly being assembled at the Hawthorne site is Line-Storm or Proof-Rock. That said, the Boring Company’s TBM for Chicago would most likely feature the startup’s most advanced tunneling tech yet. During the information session, Musk stated that the company’s boring machines, thanks to their electric nature (or partially-partially electric in the case of Line-Storm), the Boring Co’s machines are around 3x more powerful than conventional TBMs. The TBMs will be powered by Tesla batteries as well, eliminating the need for cabling in the actual tunneling site.
- A TBM gantry under construction. [Credit: Pauline Acalin/Teslarati]
- The Boring Company’s construction site for its gantry and TBM. [Credit: Tom Cross/Teslarati]
- The Boring Company’s next-gen tunnel-boring machine seen in its early stages, October 5th. [Credit: Tom Cross/Teslarati]
The Boring Company’s construction site for its gantry and TBM. [Credit: Pauline Acalin and Tom Cross/Teslarati]
The Chicago-O’Hare line is the Boring Company’s most ambitious project to date, estimated to be more than 17 miles long and costing around $1 billion when it’s complete. The transport line would feature the Loop System, which utilizes electric pods designed to transport up to 16 commuters at a time. The pods, which would be constructed by Tesla Inc., are all-electric, and are capable of traveling up to 150 mph. Seemingly as a means to make the manufacturing of the Urban Loop pods quicker and more efficient, Tesla would be using the Model X chassis as a basis for the vehicles.
Apart from the work being done on the Chicago TBM gantry, as well as the apparent assembly of its next tunnel boring machine, The Boring Company is also hard at work in completing its Hawthorne tunnel, which is set for public showing this coming December 10. A prototype garage-elevator concept that connects directly to the Hawthorne test tunnels is also being built on a private lot at 120th Street and Prairie Avenue, roughly halfway in the company’s 2-mile Hawthorne test tunnel.
Lifestyle
Tesla hit by Iranian missile debris in Israel
A Tesla in Israel absorbed a direct hit from missile debris, and the glassroof held.
On March 30, 2026, Lara Shusterman was in Netanya, Israel when Iranian ballistic missiles triggered air raid sirens across the city. While she remained in safety, her 2024 Tesla Model Y did not escape untouched. A heavy piece of missile debris struck the car’s massive glass roof, leaving a deep crater but without shattering. In a Facebook post to the Tesla Israel community the following morning, Shusterman described what happened: “The glass did not shatter into dangerous shards. She stopped the damage and pushed the metal part to the ground.” She closed by thanking Elon Musk and the Tesla team for building what she called “security and a sense of trust even in extreme situations.”
Netanya is a coastal city in central Israel, roughly 18 miles north of Tel Aviv and has been among the areas most frequently struck during Iran’s ongoing missile campaign, following coordinated U.S. and Israeli strikes on Iranian military infrastructure. Falling shrapnel from intercepted missiles is a common occurrence.
- Tesla Model Y glass roof shattered from a piece of falling Iranian missile debris
- A piece of Iranian missile debris that struck Lara Shusterman’s Tesla Model Y in Netanya, Israel on March 30, 2026, after being intercepted by Israeli air defenses.
- Tesla Model Y glass roof shattered from a piece of falling Iranian missile debris
The incident is a testament to Tesla’s structural engineering. Tesla’s glass roof is designed to support over four times the vehicle’s own weight. That strength has shown up in real-world accidents too. In 2021, a Model Y in California was struck by a falling tree during a storm, with the glass roof holding firm and the cabin remaining intact. In another widely reported incident, a Tesla Model Y plunged 250 feet off the cliff at Devil’s Slide in California in January 2023, with all four occupants, including two young children, surviving.
Disturbing details about Tesla’s 250-foot cliff drop emerge amid initial investigation
Tesla officially launched sales in Israel in early 2021 and captured over 60 percent of Israel’s EV market in the first year. The brand’s foothold in Israel remains significant. Tens of thousands of Teslas are now on Israeli roads, making incidents like Shusterman’s easy to corroborate. On the same week her Model Y took the hit, the U.S. Space Force awarded SpaceX a $178.5 million contract to launch missile tracking satellites, a separate but fitting reminder of how intertwined the Musk ecosystem has become with the realities of modern conflict.
Elon Musk
Elon Musk calls out $2 trillion SpaceX IPO valuation as ‘BS’
In a swift rebuke on X, Elon Musk dismissed reports claiming SpaceX had confidentially filed for an initial public offering targeting a valuation above $2 trillion, labeling the information as unreliable.
Elon Musk is quick to call out any false information regarding him or his companies on his social media platform, known as X.
A recent report that claimed SpaceX was aiming to go public with an IPO in the coming weeks at a massive valuation of $2 trillion was called out by Musk, who referred to it as “BS.”
In a swift rebuke on X, Elon Musk dismissed reports claiming SpaceX had confidentially filed for an initial public offering targeting a valuation above $2 trillion, labeling the information as unreliable.
The exchange highlights ongoing media speculation about the rocket company’s future and Musk’s frustration with what he views as inaccurate financial reporting. The report came from Bloomberg.
Don’t believe everything you read.
Bloomberg publishes bs.
— Elon Musk (@elonmusk) April 3, 2026
The controversy erupted on April 2, 2026, when influencer Mario Nawfal amplified claims from Bloomberg.
The outlet posted that SpaceX had boosted its IPO target valuation above $2 trillion, describing it as potentially one of the largest public offerings in history. Musk challenged the story.
It echoes past instances where Musk has corrected valuation rumors about his companies, emphasizing that speculation often outpaces reality.
Background context adds nuance.
Earlier reports indicated SpaceX had filed confidential IPO paperwork with the U.S. Securities and Exchange Commission, potentially positioning it for a record-breaking debut that could eclipse Saudi Aramco’s 2019 listing.
Initial estimates pegged a possible valuation north of $1.75 trillion, building on a post-merger figure around $1.25 trillion after SpaceX absorbed xAI. A subsequent Bloomberg update claimed advisers were floating figures above $2 trillion to investors, with the offering potentially raising up to $75 billion.
SpaceX remains a private powerhouse. Its achievements include thousands of Starlink satellites providing global broadband, routine Falcon 9 rocket reusability, and a mission to slash launch costs, along with ambitions for Starship to enable Mars colonization.
The company also benefits from government contracts with NASA and the Department of Defense. A public listing could democratize access for retail investors while subjecting SpaceX to greater scrutiny and quarterly reporting pressures.
Critics of the reports point to the confidential nature of filings, which limits verifiable details. Musk has previously downplayed inflated valuations, once calling an $800 billion figure for SpaceX “too high.”
Supporters argue that hype around mega-IPOs, especially amid the ongoing AI fervor, fuels premature narratives that distract from core technical milestones, such as full Starship reusability and Starlink constellation expansion.
The incident reflects broader tensions in tech finance. Anonymous sourcing in valuation stories can drive market chatter and betting activity, yet it risks misinformation.
Bloomberg defended its reporting through multiple articles citing “people familiar with the matter,” but Musk’s blunt dismissal resonated widely on X, with users piling on to question media reliability.
Whether SpaceX ultimately goes public remains uncertain. Musk has teased an IPO tied to Starlink maturity, but priorities center on engineering breakthroughs over Wall Street timelines. For now, the $2 trillion figure joins a list of rumored milestones that Musk insists should be taken with skepticism.
Elon Musk
Elon Musk reveals date of SpaceX Starship v3’s maiden voyage
The announcement arrives after Flight 11 on October 13 of last year, which concluded a busy 2025 testing campaign. Since then, SpaceX has focused on ground testing, including cryoproofing of Ship 39 and preparations for Booster 19, the first V3 Super Heavy.
SpaceX CEO Elon Musk has revealed the timeline for the next Starship launch. It will be the first launch using SpaceX’s revamped design for Starship, as its v3 rocket will take its maiden voyage sooner than many might expect.
Musk announced on April 3 on X that the next Starship flight test, and the first flight of the upgraded v3 ship and booster, is 4 to 6 weeks away. The update signals the end of a nearly six-month hiatus since the program’s last launch.
Elon says the first V3 Starship launch will occur in 4-6 weeks
It will be the first Starship launch since Flight 11 on October 13, 2025 https://t.co/QnnYPTdbUu
— TESLARATI (@Teslarati) April 3, 2026
The upcoming mission, designated as Starship’s 12 integrated flight test (IFT-12), marks a significant milestone. It will be the debut of the v3 configuration, featuring a taller Super Heavy Booster and Starship upper stage. The changes SpaceX has made with the v3 rocket and booster are an increased propellant capacity and the more powerful Raptor 3 engines.
Earlier predictions from Musk in March had pointed to an April timeframe, but the latest timeline now targets a launch window in early to mid-May 2026.
The V3 iteration represents a substantial evolution from previous Starship prototypes. Engineers have optimized the design for improved manufacturability, higher thrust, and greater efficiency. Raptor 3 engines deliver significantly more power while reducing weight and production costs compared to earlier variants.
With these enhancements, SpaceX aims to boost payload capacity toward 200 metric tons to low Earth orbit in a fully reusable configuration — a dramatic leap from the roughly 35-ton target of prior versions. Such capabilities are critical for ambitious goals, including NASA’s Artemis lunar missions and eventual crewed flights to Mars.
The announcement arrives after Flight 11 on October 13 of last year, which concluded a busy 2025 testing campaign. Since then, SpaceX has focused on ground testing, including cryoproofing of Ship 39 and preparations for Booster 19, the first V3 Super Heavy.
Recent activities have involved static fires, activation of the new Pad 2 at Starbase in Boca Chica, Texas, and integration of Raptor 3 engines.
A prior incident with an early V3 booster on the test stand in late 2025 contributed to the delay, necessitating additional assembly and qualification work.
Musk’s timeline updates have become a hallmark of the Starship program, often described with characteristic optimism.
SpaceX’s Starship V3 is almost ready and it will change space travel forever
While past targets have occasionally shifted by weeks, the rapid iteration pace remains impressive. However, don’t be surprised if this timeline shifts again, as Musk has been overly optimistic in the past with not only launches, but products under his other companies, too.
SpaceX continues to refine launch infrastructure, including new propellant loading systems and tower mechanisms designed to support higher cadence operations. A successful V3 flight could pave the way for more frequent tests, tower catches of both booster and ship, and progression toward operational reusability.
The v3 debut is viewed as a transition point for Starship, moving beyond experimental flights toward a system capable of supporting large-scale deployment of Starlink satellites, lunar landers, and interplanetary transport.
Success on IFT-12 would demonstrate not only the new hardware’s performance but also SpaceX’s ability to recover from setbacks and maintain momentum.
As the 4-to-6-week countdown begins, anticipation builds at Starbase. Teams are finalizing vehicle stacking, conducting final pre-flight checks, and preparing for regulatory approvals. The world will be watching to see if Starship V3 can deliver on its promise of transforming humanity’s access to space.








