Elon Musk Claims 'Verbal Government Approval' for Hyperloop That Gets From D.C. to N.Y.C. in Just 29 Minutes

Elon Musk said Thursday that he has received "verbal government approval"  but not a formal go-ahead  for his newest, tunnel-digging venture to build an underground, high-speed transportation system connecting New York, Philadelphia, Baltimore and Washington, D.C. Less than two hours after his first tweets announcing the verbal approval, the billionaire entrepreneur qualified his statements, tweeting: "Still a lot of work needed to receive formal approval, but am optimistic that will occur rapidly." A Boring Co. spokesman later said in a statement that the company expected to secure the formal approvals necessary to break groun Elon Musk said Thursday that he has received "verbal government approval" but not a formal go-ahead  for his newest, tunnel-digging venture to build an underground, high-speed transportation system connecting New York, Philadelphia, Baltimore and Washington, D.C. Less than two hours after his first tweets announcing the verbal approval, the billionaire entrepreneur qualified his statements, tweeting: "Still a lot of work needed to receive formal approval, but am optimistic that will occur rapidly." A Boring Co. spokesman later said in a statement that the company expected to secure the formal approvals necessary to break ground later this year.d later this year.