Elon Musk's Boring Company wants to charge $1 for a 150 mph Loop ride
Elon Musk finally shed pulled back the curtain on where The Boring Company is headed. And, well, it's definitely not boring. The billionaire entrepreneur on Thursday showed off his concept for the Loop, a "personalized mass transit" system that carries 16 people and travels at 150 miles per hour, which could get you from downtown Los Angeles to Los Angeles International Airport in eight minutes in a vacuum tube. His projected fare for people would be only $1.