News
NYC subway closure canceled, Elon Musk’s Boring Company tapped for ideas to improve other systems
The Governor of New York State, Andrew Cuomo, announced on Thursday evening that the current plan to shut down the 225,000 commuter-strong L-train tunnel in the New York City public transportation system for a 15-month-long repair process will no longer be necessary due to a plan implementing new reconstruction techniques. After consulting with a panel of expert engineers from Columbia and Cornell Universities, a new design was proposed to be used in the tunnel which would streamline the repair process and require closures during nights and weekends with partial train tunnel service still available. When asked in a conference call Friday whether other innovators such as Elon Musk of Tesla and The Boring Company were consulted, the governor said Musk had not advised on this specific issue, but was consulted on improvements to the subway’s signaling system. The Metropolitan Transport Authority (MTA), New York’s transportation network, accepted the Governor’s panel recommendations following the announcement.
The L train tunnel under the East River connecting Brooklyn and Manhattan in New York, known as the Canarsie Tunnel, was damaged during Hurricane Sandy, the Category 3 major hurricane which affected the entire eastern seaboard of the United States in 2012. Its storm surge hit NYC on October 29, flooding huge portions of the island, including 9 of the 14 underwater tunnels in the city’s transport system. Of these, 6 have already been repaired. According to the MTA, the damage to the Canarsie Tunnel is comparable to tunnel damage experienced on 9/11, underlining the extent of the repairs needed and the reason behind the original required shutdown.
- Governor Andrew Cuomo with engineering consultants surveying the Canarsie Tunnel. | Credit: New York State Governor’s Office
- Governor Andrew Cuomo with engineering consultants surveying the Canarsie Tunnel. | Credit: New York State Governor’s Office
- A graphic representation of the duct banks damaged in the Canarsie Tunnel during Hurricane Sandy. | Credit: MTA
Saltwater flooding in from the East River during Sandy significantly damaged the infrastructure of the 7,100-foot-long tunnel, including tracks, signals, switches, cables, and lighting. The flood waters additionally filled protected cable tube pathways called “duct banks” throughout the tunnel, and once dry, the silt hardened to a cement-like consistency inside them, making it impossible to rip out and restore the damaged components. Canarsie Tunnel also opened in 1924, adding age to the brewing number of problems being amplified by the lingering effects of corrosive saltwater remnants from Sandy.
In 2016, residents were informed the tunnel was possibly going to be shut down for 15 months to address the extensive repairs, causing significant commute challenges for the approximately 225,000 riders depending on the service. The date for service closure was scheduled to begin April 27, 2019, but the impending deadline motivated Governor Cuomo to seek out alternative solutions. “I can’t tell you the number of people in Brooklyn who have looked me right in the eye and said, ‘Are you sure that there is nothing else that can be done and there’s no way you can possibly shorten this?’,” Cuomo stated in a recent press conference announcing the new subway repair plan.
- Damage sustained by the Canarsie Tunnel during Hurricane Sandy. | Credit: MTA
- Damage sustained by the Canarsie Tunnel during Hurricane Sandy. | Credit: MTA
- Damage sustained by the Canarsie Tunnel during Hurricane Sandy. | Credit: MTA
The repair announcement was the end result of a review process Governor Cuomo began on December 14, 2018, wherein he and a consulting team walked through the damaged tunnel to assess the repairs needed first hand. While the plan will take longer than the original project’s timeline – 20 months instead of 15 – the ability to remain open during the repairs is a welcome relief for city residents. The technology that will enable the tunnel to remain open includes wire wrapping along with ultrasound and laser measurement (LIDAR) tools to assess and monitor damage. Engineers from Cornell University’s College of Engineering and Columbia University’s Fu Foundation School of Engineering and Applied Science with expertise in the type of construction involved were the primary sources for the solutions chosen.
Similar to the innovations that came from Musk’s Boring Company tunneling project, the governor has hopes that the unique system planned for the Canarsie Tunnel will inspire other similar repair projects. “This could be a national model because it is a totally different way to reconstruct a tunnel,” Governor Cuomo touted at the press conference. Also, according to the governor, the techniques in the new plan have been implemented in projects in Europe before for bridge repair, but not in tunnel reconstruction. He hopes to bring more out-of-the-box innovations to the city’s transportation as well. In reference to Elon Musk’s companies, he said, “I don’t believe a time where they’re talking about flying cars and you can get into a car and drive 100 miles on the LIE and never touch the steering wheel, that there’s not a better technology that can regulate the trains!”
For more about the announcement and repair plan, watch Governor Cuomo’s press conference below:
News
Tesla Model Y becomes first-ever car to reach legendary milestone
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.
Tesla back on top as Norway’s EV market surges to 98% share in February
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.
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.
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.
News
SpaceX reveals what Anthropic will pay for massive compute deal
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.
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.
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.
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.
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.
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
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.





