Elon Musk Looks to Bring High-Speed Transit to O’Hare

Nov 30, 2017

This post contains references to products from one or more of our advertisers. We may receive compensation when you click on links to those products. Terms apply to the offers listed on this page. For an explanation of our Advertising Policy, visit this page.

One of the world’s busiest airports may be getting a direct, high-speed connection to its city center.

Chicago mayor Rahm Emanuel announced yesterday that the city was putting out a request-for-proposal (RFP) to build a high-speed express connection between O’Hare Airport (ORD) and downtown Chicago. Tesla CEO and Hyperloop creator Elon Musk said his new Boring Company will “compete to fund, build & operate a high-speed Loop connecting Chicago O’Hare Airport to downtown.”

Currently, the country’s third-busiest airport is accessible by car as well as the city’s public transportation system. Taxis and Ubers can cost between $40 and $60 between O’Hare and downtown. The CTA’s Blue Line connects the airport to the city but it can take 45 minutes to an hour.

Emanuel wants to cut that time down to just 20 minutes and Musk’s concepts could do just that. The Boring Company specializes in constructing underground tunnels so Musk’s “high speed Loop” would presumably be underground.

Chicago officials met with Musk in Los Angeles a few months ago and Musk tweeted over the summer that he was in talks with the city about the project. It’s likely that this wouldn’t be the buzzy Hyperloop that everyone has been talking about but more akin to the “skate” style tunnel that The Boring Company has shown off in videos. Musk said on Twitter that it would “kinda” be like the electric skate system that whisks cars through underground tunnels, unencumbered by traffic.

The city is open to underground and above-ground connections and wants to deliver express service “at least every 15 minutes for the majority of the day.” Proposals are due to the city by January 23 and are to be funded entirely by the proposing company, at no cost to the taxpayer, which means that the project would be financed entirely by fares, advertising or other means.

Featured image courtesy of The Boring Company.

Chase Sapphire Preferred® Card

WELCOME OFFER: 80,000 Points

TPG'S BONUS VALUATION*: $1,650

CARD HIGHLIGHTS: 2X points on all travel and dining, points transferrable to over a dozen travel partners

*Bonus value is an estimated value calculated by TPG and not the card issuer. View our latest valuations here.

Apply Now
More Things to Know
  • Earn 80,000 bonus points after you spend $4,000 on purchases in the first 3 months from account opening. That's $1,000 when you redeem through Chase Ultimate Rewards®. Plus earn up to $50 in statement credits towards grocery store purchases within your first year of account opening.
  • Earn 2X points on dining including eligible delivery services, takeout and dining out and travel. Plus, earn 1 point per dollar spent on all other purchases.
  • Get 25% more value when you redeem for airfare, hotels, car rentals and cruises through Chase Ultimate Rewards®. For example, 80,000 points are worth $1,000 toward travel.
  • With Pay Yourself Back℠, your points are worth 25% more during the current offer when you redeem them for statement credits against existing purchases in select, rotating categories.
  • Get unlimited deliveries with a $0 delivery fee and reduced service fees on eligible orders over $12 for a minimum of one year with DashPass, DoorDash's subscription service. Activate by 12/31/21.
  • Count on Trip Cancellation/Interruption Insurance, Auto Rental Collision Damage Waiver, Lost Luggage Insurance and more.
  • Get up to $60 back on an eligible Peloton Digital or All-Access Membership through 12/31/2021, and get full access to their workout library through the Peloton app, including cardio, running, strength, yoga, and more. Take classes using a phone, tablet, or TV. No fitness equipment is required.
Regular APR
15.99%-22.99% Variable
Annual Fee
$95
Balance Transfer Fee
Either $5 or 5% of the amount of each transfer, whichever is greater.
Recommended Credit
Excellent/Good

Editorial Disclaimer: Opinions expressed here are the author’s alone, not those of any bank, credit card issuer, airlines or hotel chain, and have not been reviewed, approved or otherwise endorsed by any of these entities.

Disclaimer: The responses below are not provided or commissioned by the bank advertiser. Responses have not been reviewed, approved or otherwise endorsed by the bank advertiser. It is not the bank advertiser’s responsibility to ensure all posts and/or questions are answered.