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The Boring Company’s gantry and next-gen TBM takes shape ahead of Chicago project

[Credit: Pauline Acalin/Teslarati]

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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 construction site for its gantry and TBM. [Credit: Pauline Acalin/Teslarati]

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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.

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.

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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. 

Simon is an experienced automotive reporter with a passion for electric cars and clean energy. Fascinated by the world envisioned by Elon Musk, he hopes to make it to Mars (at least as a tourist) someday. For stories or tips--or even to just say a simple hello--send a message to his email, simon@teslarati.com or his handle on X, @ResidentSponge.

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Tesla Model Y becomes first-ever car to reach legendary milestone

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Credit: Tesla Manufacturing

The Tesla Model Y became the first-ever car to reach a legendary Norwegian milestone, surpassing 100,000 new registrations after gaining a reputation as one of the most popular vehicles in the country and the world.

As of May 20, Norwegian authorities have registered 100,224 units of the electric SUV, according to data from local outlet Opplysningsrådet for veitrafikken (OFV).

By population, roughly one in every 29 passenger cars on Norwegian roads is now a Model Y, underscoring its rapid rise as a national favorite.

Since the first deliveries in August 2021, the Model Y has transformed from a newcomer to a staple in Norwegian traffic.

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Geir Inge Stokke, the Managing Director of OFV, described the achievement as “remarkable,” noting that few single models have gained such traction so quickly. “Tesla Model Y has hit the Norwegian market spot on, and the numbers illustrate how fast the EV market has developed here,” Stokke said.

The Model Y’s success reflects Norway’s aggressive push toward electrification. Nearly nine out of ten units, 87.6 percent, to be exact, are privately registered, with the remaining 12.4 percent on company plates. Owners span the country, from major cities to smaller municipalities, proving it is no longer just an urban or niche vehicle but a true “people’s car.

Who is Buying Tesla Model Ys in Norway?

Typical Model Y drivers are men in their early 40s. The average registered user age is 44, with 83 percent male and 17 percent female. Stokke noted that household usage often extends beyond the primary registrant, broadening the vehicle’s real-world appeal.

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Geographically, adoption concentrates in urban centers with strong charging infrastructure. Oslo leads with 16,861 registrations (16.82 percent of the national total), followed by Bergen (7,450), Bærum (4,313), and Trondheim (4,240).

The top five municipalities—Oslo, Bergen, Bærum, Trondheim, and Asker—account for 35,463 units, or about 35 percent of all Model Ys. Yet the vehicle’s presence outside big cities highlights its broad acceptance.

Growth Trajectory and Popularity

Tesla built a lot of sales momentum in a short amount of time. In 2021, registrations closed out at 8,267, but more than doubled to more than 17,000 units in 2022 and more than 23,000 units in 2023. 2025 was the company’s strongest year yet, as Tesla managed to record 27,621 registrations.

Through 2026, Tesla already has 7,036 registrations.

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Tesla’s Global Success with the Model Y

Tesla has tasted so much success with the Model Y; it has been the best-selling car in the world three times, it has dominated EV sales in numerous countries, and contributed to a mass adoption of electric vehicles across the planet.

As Stokke emphasized, the Model Y’s journey from newcomer to icon mirrors Norway’s broader success story. With robust incentives that push sales, excellent infrastructure, and consumer eagerness to transition to sustainable powertrains, the country continues setting global benchmarks in sustainable mobility.

The Tesla Model Y stands as a shining example of how quickly change can happen when conditions align.

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SpaceX reveals what Anthropic will pay for massive compute deal

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Rendering of Elon Musk overlooking a Starship fleet (Credit: Grok)
Rendering of Elon Musk overlooking a Starship fleet (Credit: Grok)

SpaceX has disclosed the full financial details of its groundbreaking agreement with Anthropic, confirming that the AI company will pay $1.25 billion per month for dedicated high-performance computing resources.

The revelation came through SpaceX’s latest securities filing in preparation for its initial public offering, shedding light on one of the largest compute deals in the artificial intelligence sector to date. The prospectus was released last night, as SpaceX is heading toward its IPO.

This arrangement underscores the fierce demand for specialized infrastructure as frontier AI models require unprecedented levels of processing power to train and operate effectively. Industry analysts see the disclosure as a significant milestone, highlighting how top AI labs are locking in massive capacity to stay ahead in a rapidly accelerating field.

For SpaceX, it feels like a massive move that pushes its perception as a company from space exploration to artificial intelligence.

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SpaceX is following in Tesla’s footsteps in a way nobody expected

The comprehensive deal grants Anthropic exclusive access to SpaceX’s Colossus clusters, encompassing Colossus I and the substantially expanded Colossus II, which together deliver hundreds of megawatts of power along with more than 200,000 NVIDIA GPUs.

Payments extend through May 2029, totaling nearly $45 billion overall; capacity is scheduled to ramp up during May and June 2026 at an initial discounted rate to facilitate seamless integration. Both companies retain the option to terminate the agreement with ninety days’ notice, so there is definitely some flexibility for both.

This pact not only enhances Anthropic’s ability to scale usage limits for Claude users but also injects substantial recurring revenue into SpaceX, bolstering its expansion into advanced data center operations and future orbital computing initiatives.

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Observers describe the collaboration between the two companies as strategically advantageous because it gives Anthropic cutting-edge AI development the opportunity to collaborate with SpaceX’s expertise in rapid, large-scale infrastructure deployment.

This disclosure arrives at a pivotal moment when computing resources have become the primary bottleneck for AI progress.

As leading organizations compete to build more powerful systems, securing reliable, high-density facilities has emerged as a key differentiator.

SpaceX’s sites, such as those in Memphis, offer superior power availability and advanced cooling solutions that set them apart from conventional providers. For Anthropic, the added capacity is expected to deliver tangible improvements, including extended context windows, quicker inference times, and innovative features that appeal to both enterprise clients and individual users.

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Looking ahead, the partnership paves the way for ambitious joint projects, including potential space-based AI compute platforms designed to overcome terrestrial limitations on energy and thermal management. Such efforts could redefine sustainable computing at massive scales.

Financially, the deal solidifies SpaceX’s diverse revenue profile ahead of its public market debut, extending beyond traditional aerospace activities. The massive check SpaceX will cash each month opens up the idea that additional

While some experts question the sustainability of these enormous expenditures given ongoing efficiency gains in AI architectures, the commitment reflects a strong belief in sustained demand growth.

The agreement also exemplifies productive synergies across sectors, with aerospace engineering insights optimizing AI hardware performance. As global attention on technology concentration increases, arrangements of this nature may help shape equitable access to critical resources.

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Elon Musk

SpaceX just filed for the IPO everyone was waiting for

SpaceX filed its public S-1, revealing $18.7 billion in revenue and billions in losses.

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SpaceX publicly filed its S-1 registration statement with the Securities and Exchange Commission on May 20, 2026, making its financial details available to the public for the first time ahead of what could be the largest IPO in history.

An S-1 is the formal document a company must submit to the SEC before going public. It includes audited financials, risk factors, business descriptions, and how the company plans to use the money it raises. Companies are required to file one before selling shares to the public, and it must be published at least 15 days before the investor roadshow begins. SpaceX had already submitted a confidential draft to the SEC in April, which allowed regulators to review the filing privately before it went public.

The S-1 reveals that SpaceX generated $18.7 billion in consolidated revenue in 2025, driven largely by its Starlink satellite internet division, which posted $11.4 billion in revenue, growing nearly 50% year over year. Despite that growth, the company lost about $4.9 billion in 2025 and has burned through more than $37 billion since its founding.

SpaceX just forced Verizon, AT&T and T-Mobile to team up for the first time in history

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A significant portion of those losses trace back to xAI, Elon Musk’s artificial intelligence company, which was recently merged into SpaceX. SpaceX directed roughly 60% of its capital spending in 2025 to its AI division, totaling around $20 billion, yet that division lost billions and grew revenue by only about 22%.

SpaceX plans to list its Class A common stock on Nasdaq under the ticker SPCX, with Goldman Sachs, Morgan Stanley, and Bank of America leading the offering. The dual-class share structure means going public will not meaningfully reduce Musk’s control, as Class B shares he holds carry 10 votes per share compared to one vote for public Class A shares.

The company is targeting a raise of around $75 billion at a valuation of roughly $1.75 trillion, which would make it the largest IPO ever. The investor roadshow is reportedly planned for June 5.

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