Elon to the rescue: The city's deputy mayor, Bob Rivkin, actually name-checked Musk past year when the city issued the request, saying "The RFQ is agnostic about whether this is a surface or sub-surface system".
The plan for the "Chicago Express Loop, " announced early Thursday by Chicago Mayor Rahm Emanuel and Musk's tunneling firm, calls for the construction of an underground tunnel with concrete tracks on which "skates" - individual vehicles built on a modified Tesla X chassis - would carry 8 to 16 passengers at between 125 to 150 miles per hour from one of the world's busiest airports underneath some of the country's most congested roads.
This undated artist's rendering provided by The Boring Company, shows part of a proposed high-speed underground transportation system that will transport passengers from downtown Chicago to O'Hare International Airport. Yahoo Finance's Stephanie Sy, Dion Rabouin and Ethan Wolff-Mann discuss.
"We're taking a bet on a guy who doesn't like to fail - and his resources". The final destination will be at a new $8.5 billion global terminal Emmanuel has announced for O'Hare. The company is digging a test tunnel near the Hawthorne, California headquarters of SpaceX. Two companies, including The Boring Company, advanced past the second "Request for Proposals" stage in March.
Can Loop ever become reality?
Musk's claims that his Tesla models are the safest cars on the road have come under some scrutiny, in particular the Autopilot semi-autonomous driving system.
Some are skeptical such a project will be built.
The new system is expected to cost less than $1 billion, the Chicago Tribune reported.
"We're really excited to work with the Mayor and the City to bring this new high-speed public transportation system to Chicago!" the company said in a tweet. Several above-ground stations in the city will also needed, although the city will provide rights for underground construction.
The whole setup has provoked skepticism.
Also, it's not clear if the benefits of the airport connection would justify the costs. This new train would take less than 15 minutes. A trip would cost $20 to $25. They are created to carry between eight and 16 passengers, or a single passenger vehicle, according to the company.
The Boring Company has estimated the cost of the project to be $1bn, which would be entirely funded by it in exchange for all revenue from the system's transit fees, advertising, branding and in-vehicle sales. "You know I'd hope that you'd cheer us on for this". While the technology looks like something from a sci-fi movie.it's all possible today.