Literally. The Boring Co., currently at work drilling in Southern California, aims to create what the public sector sometimes cannot: cheap mass transit.
Musk peeks inside a Hyperloop track door at SpaceX offices in Hawthorne, Calif.

UNDER THE WARM ASPHALT of West Los Angeles, beneath bumper-to-bumper traffic and swaying palm trees, Elon Musk is searching for answers. There, a boring machine named Godot may soon grind away at a 2.7-mile tunnel to run below Interstate 405, a key reason that L.A. retains its crown as the U.S. city with the worst traffic.

The tunnel currently awaits a permit, and Angelenos may be waiting a while before

You're reading a preview, sign up to read more.

More from Fortune

Fortune1 min read
The Modern Pilgrim
How Saudi Arabia is looking to technology to solve the safety and logistical challenges of the world’s most global pilgrimage.
Fortune15 min read
Big Tech’s New Street Fight
The next frontier for video games is streaming—and it promises to be an all-out brawl among companies with the Internet infrastructure to back it up. At stake? Billions of dollars and the future of a fast-growing industry. What, you thought this was
Fortune2 min readPolitics
China’s World
China is now close to parity with the U.S. on the Global 500—a signifier of the profound rivalries reshaping business today.