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Elon Musk Claims the NYC to Washington, D.C. Hyperloop Is a Go

July 20, 2017
2 min read
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Elon Musk Claims the NYC to Washington, D.C. Hyperloop Is a Go
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Elon Musk tweeted this morning that he'd received an informal go-ahead to begin tunneling an East Coast Hyperloop, fueling speculation that the future of travel could be just over the horizon.

According to Musk's tweet, the Hyperloop would run between New York and Washington, D.C. — and would stop in Philadelphia and Baltimore along the way. A trip would take a mere 29 minutes, speedy enough to put current transit options — about 1 hour 20 minutes by air and just under 3 hours by rail — to shame.

At the center of Musk's bid to revolutionize Northeast corridor transit is The Boring Company, an upstart infrastructure firm that apparently sprung from the billionaire entrepreneur's deepest, darkest hatred: Traffic. In mid-December 2016, Musk tweeted, "Traffic is driving me nuts. Am going to build a tunnel boring machine and just start digging..." An hour later The Boring Company was born.


According to The Boring Company's website, advancements in earth-boring technology could dramatically lower the often astronomical cost of tunneling. One way is by speeding up the tunneling process itself, which, the website points out, is currently 14 times slower than a snail. "Our goal is to defeat the snail in the race," the website boasts. Don't knock Musk for talking big — he's ripped up a SpaceX parking lot to test his tunnel boring machine, and shared pictures of Gary, his pet snail, nearby.

Gary tunnel boring
No word on who's in the lead. Photo courtesy of The Boring Company.

Innovations in speed and efficiency might make mega-tunnels like this potential one between New York and D.C. actually feasible. But the road (tunnel?) to this Hyperloop is still a long one, as Musk admitted in a later tweet:

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If Musk's latest moonshot project is actually able to clear the many federal, state and local governmental hurdles that almost certainly stand in its way, things could get very interesting. Watch out Acela — a new speed king may be coming to town.

Featured image by © Instagram

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4XEarn 4X Membership Rewards® points per dollar spent on purchases at restaurants worldwide, on up to $50,000 in purchases per calendar year, then 1X points for the rest of the year.
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    As High As 100,000 points. Find Out Your Offer.
  • Annual Fee

    $325
  • Recommended Credit

    Excellent to Good

Why We Chose It

There’s a lot to love about the Amex Gold. It’s a fan favorite thanks to its fantastic bonus-earning rates at restaurants worldwide and at U.S. supermarkets. If you’re hitting the skies soon, you’ll also earn bonus Membership Rewards points on travel. Paired with up to $120 in Uber Cash annually (for U.S. Uber rides or Uber Eats orders, card must be added to Uber app and you can redeem with any Amex card), up to $120 in annual dining statement credits to be used with eligible partners, an up to $84 Dunkin’ credit each year at U.S. Dunkin Donuts and an up to $100 Resy credit annually, there’s no reason that foodies shouldn’t add the Amex Gold to their wallet. These benefits alone are worth more than $400, which offsets the $325 annual fee on the Amex Gold card. Enrollment is required for select benefits. (Partner offer)

Pros

  • 4 points per dollar spent on dining at restaurants worldwide and U.S. supermarkets (on the first $50,000 in purchases per calendar year; then 1 point per dollar spent thereafter and $25,000 in purchases per calendar year; then 1 point per dollar spent thereafter, respectively)
  • 3 points per dollar spent on flights booked directly with the airline or with amextravel.com
  • Packed with credits foodies will enjoy
  • Solid welcome bonus

Cons

  • Not as useful for those living outside the U.S.
  • Some may have trouble using Uber and other dining credits
  • You may be eligible for as high as 100,000 Membership Rewards® Points after you spend $6,000 in eligible purchases on your new Card in your first 6 months of Card Membership. Welcome offers vary and you may not be eligible for an offer. Apply to know if you’re approved and find out your exact welcome offer amount – all with no credit score impact. If you’re approved and choose to accept the Card, your score may be impacted.
  • Earn 4X Membership Rewards® points per dollar spent on purchases at restaurants worldwide, on up to $50,000 in purchases per calendar year, then 1X points for the rest of the year.
  • Earn 4X Membership Rewards® points per dollar spent at US supermarkets, on up to $25,000 in purchases per calendar year, then 1X points for the rest of the year.
  • Earn 3X Membership Rewards® points per dollar spent on flights booked directly with airlines or on AmexTravel.com.
  • Earn 2X Membership Rewards® points per dollar spent on prepaid hotels and other eligible purchases booked on AmexTravel.com.
  • Earn 1X Membership Rewards® point per dollar spent on all other eligible purchases.
  • $120 Uber Cash on Gold: Add your Gold Card to your Uber account and get $10 in Uber Cash each month to use on orders and rides in the U.S. when you select an American Express Card for your transaction. That’s up to $120 Uber Cash annually. Plus, after using your Uber Cash, use your Card to earn 4X Membership Rewards® points for Uber Eats purchases made with restaurants or U.S. supermarkets. Point caps and terms apply.
  • $84 Dunkin' Credit: With the $84 Dunkin' Credit, you can earn up to $7 in monthly statement credits after you enroll and pay with the American Express® Gold Card at U.S. Dunkin' locations. Enrollment is required to receive this benefit.
  • $100 Resy Credit: Get up to $100 in statement credits each calendar year after you pay with the American Express® Gold Card to dine at U.S. Resy restaurants or make other eligible Resy purchases. That's up to $50 in statement credits semi-annually. Enrollment required.
  • $120 Dining Credit: Satisfy your cravings, sweet or savory, with the $120 Dining Credit. Earn up to $10 in statement credits monthly when you pay with the American Express® Gold Card at Grubhub, The Cheesecake Factory, Goldbelly, Wine.com, and Five Guys. Enrollment required.
  • Explore over 1,000 upscale hotels worldwide with The Hotel Collection and receive a $100 credit towards eligible charges* with every booking of two nights or more through AmexTravel.com. *Eligible charges vary by property.
  • No Foreign Transaction Fees.
  • Annual Fee is $325.
  • Terms Apply.