Federal railroad regulators are in talks with Elon Musk’s tunneling firm, The Boring Firm (TBC), over a multi-billion Amtrak venture, in keeping with The New York Instances.
Citing sources acquainted with the matter, the NYT studies that Federal Railroad Administration officers have spoken with TBC to study whether or not the Musk-owned firm may save the company cash on the Frederick Douglass Tunnel program.
The venture, which is being constructed to attach Baltimore to Washington and Virginia, was initially projected to price $6 billion, however present estimates counsel it may price as a lot as $8.5 billion.
Whereas TBC was one among a number of firms to be thought of for a brand new engineering contract, the talks elevate crimson flags about Musk’s many conflicts of curiosity as he splits his time between his firms, his function as President Trump’s right-hand man, and as overseer of DOGE, which has reduce sources to companies that regulate his companies.