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#austin News & Analysis

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GeneralNeutralFortune Crypto · Jun 276/10
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Venture capitalist Joe Lonsdale pitched a $2.6 billion citywide tunnel system project built by Elon Musk’s Boring Company to Austin’s mayor, emails show

Venture capitalist Joe Lonsdale, a Boring Company investor, pitched Austin's mayor a $2.6 billion citywide tunnel system comprising 45 stations to be built by Elon Musk's Boring Company. The proposal would begin with a smaller-scale tunnel connecting properties owned by Lonsdale's associates, demonstrating how private capital and infrastructure ambitions intersect with urban transportation planning.

Venture capitalist Joe Lonsdale pitched a $2.6 billion citywide tunnel system project built by Elon Musk’s Boring Company to Austin’s mayor, emails show