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Musk Hints Collaboration of SpaceX Rockets With Hyperloop Project

The Boring Company is an infrastructure and tunnel construction company founded by Musk in late 2016

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Tesla CEO, Elon Musk. (Wikimedia Commons)
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Serial entrepreneur Elon Musk has hinted that he plans to link the hyperloop project under his start-up The Boring Company with SpaceX’s rockets to create a transportation system that may ferry people anywhere on Earth in less than an hour.

In a series of tweets, SpeceX founder said he will present his vision for the future on Thursday in the US city of Los Angeles.

“Boring Company Hyperloop will take you from city centre underground and ocean to spaceport in 10 to 15 minutes,” Musk tweeted late Wednesday.

Representational image
Representational image. Pixabay

The Boring Company is an infrastructure and tunnel construction company founded by Musk in late 2016.

Musk has cited difficulty with Los Angeles traffic and limitations with the current 2-D transportation network as inspiration for the tunnelling company project.

Also Read: Musk: SpaceX Set For Over 300 missions in Five Years

In March, Musk said the company would readjust its plan to prioritise pedestrians and cyclists over cars, which would only be considered for transport after all “personalised mass transit needs were met”.

SpaceX has got approval from the City of Los Angeles to build The Big Falcon Rocket, or BFR, which will be used to explore Mars — a goal that Musk hopes to accomplish by 2022. (IANS)

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James Murdoch Isn’t Taking Over Tesla: Elon Musk

Musk is still the CEO of Tesla.

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Elon Musk, CEO of SpaceX. Wikimedia.

Tesla CEO Elon Musk has denied that James Murdoch, the younger son of media mogul Rupert Murdoch, is going to replace him at electric car maker Tesla.

Reacting to a Financial Times report that claimed James Murdoch was going to join Tesla as Chairman, Musk tweeted on Thursday that this was not true.

Tesla CEO Elon musk
Elon Musk agrees to step down as Chairman (VOA)

“This is incorrect,” tweeted Musk, reacting to the report.

James Murdoch, who serves as a director on Tesla’s board, is set to end his innings as 21st Century Fox’s CEO.

Media reports have also thrown names like former Vice President Al Gore and Jim McNerney of Boeing as potential candidates to lead Tesla.

tesla, maezawa, elon musk
Tesla has become the most valuable American carmaker, with its stock worth more than $50 billion. Pixabay

Coming under pressure from his lawyers and investors of Tesla, the tech billionaire on September 29 agreed to step down as Tesla Chairman for three years and paid a $20 million fine, in a deal with the US stock market regulatory authority, the Securities and Exchange Commission (SEC), to resolve securities fraud charges.

Also Read: Tesla Launches a New Programme That Lets You Send Images Into Space

Tesla paid another $20 million to the SEC, despite not being charged with fraud.

Musk is still the CEO of Tesla. (IANS)

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