The Boring Company
Fast, low-cost tunnels for cities that have run out of room.
The Boring Company designs and builds underground Loop transit tunnels, using its own Prufrock boring machines and a fleet of Tesla vehicles to move passengers point-to-point without stops. Vegas Loop is the flagship system in operation, with projects underway in Nashville and Dubai.
- Valuation
- $5.7B+
- Change
- +2.1%
- Founded
- 2016
- Headquarters
- Bastrop, TX
- Employees
- 600+
About The Boring Company
The Boring Company builds underground Loop transit tunnels, moving passengers point-to-point in Tesla vehicles with no intermediate stops - what would be a 30-minute surface drive during a major event becomes a two-minute tunnel ride. Its own Prufrock boring machines are the other half of the business: purpose-built to cut tunnel construction cost and time well below conventional transit-tunneling methods.
Vegas Loop is the flagship system in operation today, connecting convention center and resort corridor stations, with additional Loop projects underway in other cities as the underlying boring and operations model proves out at larger scale.
Solve urban traffic congestion by building tunnels.
How it got here
- 2016
Founded
Started from the premise that tunnel construction cost, not tunneling technology, was the real barrier to underground transit.
- 2018
First test tunnel
A short test tunnel in Hawthorne, CA validated the basic Loop concept and initial boring approach.
- 2021
Vegas Loop opens
The first operating segment connected Las Vegas Convention Center stations.
- 2023
Resort corridor expansion
Additional stations extended the Loop into the Las Vegas resort corridor.
- 2025
Prufrock-2 speed record
A newer-generation boring machine set an internal record for sustained tunneling speed.
- 2026
104 planned stations
The full planned Vegas Loop network now spans a much larger footprint across the valley.
Core pillars
Point-to-point, no stops
Every ride is direct in a dedicated vehicle - no shared shuttle stops along the way, unlike a conventional subway or people-mover.
Prufrock boring machines
Purpose-built tunnel boring machines designed to cut tunneling time and cost well below conventional transit-tunnel construction.
Smaller tunnel diameter
Loop tunnels are sized for single vehicles rather than full subway cars, reducing excavation volume and cost per mile.
All-electric fleet
Every vehicle operating in the tunnels is electric, keeping emissions and ventilation requirements down relative to a mixed fleet.
Facilities
Bastrop Headquarters
Company headquarters and Prufrock boring machine manufacturing.
Las Vegas Loop Operations
The operating Loop network and its station, dispatch, and vehicle operations infrastructure.
Scale
How it's kept safe
- Tunnels carry dedicated fire and life-safety systems, including redundant ventilation.
- Multiple emergency egress points are built into the tunnel network independent of the normal station entrances.
- Vehicles currently operate with a human driver at the wheel, not unsupervised autonomy.
Environmental note
An all-electric tunnel fleet avoids the ventilation burden of combustion-engine vehicles underground, and moving trips off the surface reduces surface-level congestion and the idling emissions that come with it.
Frequently asked
How do I ride the Loop?+
Vegas Loop operates like point-to-point rideshare within the tunnel network - riders access it through designated stations rather than hailing a vehicle.
Is it autonomous?+
Not currently - vehicles in the tunnels are human-driven Tesla vehicles, not unsupervised self-driving cars.
What does a ride cost?+
Vegas Loop fares vary by route and event; check current station signage or the operator's fare information for a specific trip.
Which other cities have Loop projects?+
Additional Loop projects are in earlier planning and construction stages beyond Las Vegas as the model scales to new cities.
