San Francisco — Elon Musk’s Boring Company is the winner in a bid to build a multibillion-dollar high-speed express train to Chicago’s O’Hare International Airport. The result gives the young company a big boost in legitimacy as it tries to get transport projects under way in Los Angeles and Washington. The company beat out a consortium that included Mott MacDonald, the civil engineering firm that designed a terminal at London’s Heathrow Airport, and JLC Infrastructure, an infrastructure fund backed by former basketball star Earvin "Magic" Johnson, people with knowledge of the matter said. The city is expected to announce the news as soon as Thursday, said one of the people, who asked not to be identified because they were not authorised to speak publicly. Boring Co confirmed the agreement on Twitter after Bloomberg first reported the deal, saying: "We’re really excited to work with the Mayor and the City to bring this new high-speed public transportation system to Chicago!" It’s a ...

BL Premium

This article is reserved for our subscribers.

A subscription helps you enjoy the best of our business content every day along with benefits such as exclusive Financial Times articles, Morningstar financial data, and digital access to the Sunday Times and Times Select.

Already subscribed? Simply sign in below.



Questions or problems? Email helpdesk@businesslive.co.za or call 0860 52 52 00.