Miami Mayor: Elon Musk’s The Boring Company will build tunnel under the city for just $30 million

On Friday, Elon Musk told Miami’s mayor that Musk owned The Boring Company could dig a two-mile tunnel under the city at the minimal cost price of $30 million. Musk also told the Mayor that The Boring Company will potentially be able to complete the job in six months, compared to the original four-year estimate which would cost over $ 1 Billion as quoted by local transit officials.

Miami’s Mayor Francis Suarez shared exclusive details about his “wonderful call” with Elon Musk in a video posted on Twitter. “He’s focused on trying to deliver a project that will have the maximum utility for our residents for the least amount of money,” Suarez said. “The order of magnitude in terms of savings is significant.”

Back on January 18, Musk first tweeted about wanting to construct a tunnel under Miami on January 18th. “Cars & trucks stuck in traffic generate megatons of toxic gases & particulate, but @boringcompany road tunnels under Miami would solve traffic & be an example to the world,”. Further Musk said in his tweet that he had already spoken to Florida Governor Ron DeSantis about the idea. “If Governor & Mayor want this done, we will do it.”

Suarez informed that he will speak to DeSantis and the mayor of Miami-Dade county. “I think we have a unique opportunity to create a signature project not just for Miami, but for the world,”

However, realistically, Tunnelling under Miami isn’t going to be easy as the city is built on limestone, which is spongey which is stated to be one of the reasons for the sky-high price tag quoted in 2018. It also helped drive up the price of a tunnel under the Port of Miami, which was less than a mile but still cost around $700 million.