Before the end of Year One of the Covid-19 pandemic, Elon Musk did something a lot of other people were doing at the same time: He moved. Once in Texas, several of his business ventures followed, including Boring Co., a startup seeking to create underground transportation systems. The company, which had previously set its sights mainly on the coasts, is suddenly focused sharply on the Lone Star State.
Public documents obtained by Bloomberg show the extent of Boring’s ambitions in Texas. Over the last year, company representatives have pitched state officials on at least eight projects. The proposals range from kernels of ideas to detailed presentations. None has moved beyond the concept phase.