The Las Vegas Convention and Visitors Authority has recommended that The Boring Company be chosen to construct a "people mover" below the expanding convention center.
The Las Vegas Convention Center is one of the largest and most popular event spaces in the world, with more than a million people passing through every year. Its flagship exhibition is the Consumer Electronics Show, which brings in roughly 150,000 visitors every January. The massive space is about to get even bigger, with a $1.4 billion renovation and expansion about to get underway. The plan is for a new underground tunnel to be operating in time for CES 2021, according to the LVCVA.
For Musk's Boring Company, the Las Vegas plan is easier and significantly smaller in scale compared to its projects in D.C., Chicago, and Los Angeles. The proposal calls for a way to move convention attendants quickly as the space expands to become a nearly two-mile walk from end to end. It would also leave room for potential further expansion.
The LVCVA chose Boring because its proposal came in with a far cheaper price tag than other proposed options above-ground. Musk has said the purpose of The Boring Company is to make the notoriously costly and time-consuming process of tunnel-boring cheaper and faster by making the tunnels themselves smaller, and by speeding up the TBM ー the massive earth-moving machines that are needed to bore under cities. The Las Vegas tunnel would cost between $35 and $55 million, according to the company. It can also be constructed more quickly because there are few landowners to contend with.
So far, The Boring Company's main success has been a two-mile-long test tunnel near Los Angeles International Airport, which it built at a cost of $10 million per mile.
The final recommendation for the Vegas project will be made on March 12.
AI, BNPL and new digital tools are reshaping holiday shopping. PayPal’s Michelle Gill shares survey insights, tech trends, and tips for smarter spending in 2025
'The Chair Company' blends sharp satire with workplace conspiracy. Lake Bell joins us to talk its corporate themes, quirky characters, and why viewers love it!
It's a tough time for the job market. Amid wider economic uncertainty, some analysts have said that businesses are at a “no-hire, no fire” standstill. At the same time, some sizeable layoffs have continued to pile up — raising worker anxieties across sectors. Some companies have pointed to rising operational costs due to U.S.'s new tariffs, while others have redirected money to artificial intelligence investments. Workers in the public sector have also been hit hard. Federal jobs were cut by the thousands earlier this year. And many workers are now going without pay as the U.S. government shutdown has now dragged on for more than a month.
Nvidia smashes earnings with record-breaking revenue and soaring Blackwell demand as shares slip this morning, Barron’s senior writer Adam Levine unpacks it all
Jeff Wagoner, CEO of Outrigger Hospitality Group, discusses the company’s coral preservation initiatives and sustainable practices at their hotels and resorts.
Dena Jalbert, Head of M&A at Align Advisory, discusses the state of mergers and acquisitions in 2025 and beyond, highlighting key trends and opportunities.
Kim Perell, author and entrepreneur, shares actionable tips and tricks to help current and aspiring entrepreneurs kick off 2026 with confidence and momentum.
