The Boring Company will open its first public tunnel this year

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In May, Musk said using the future tunnelling system, dubbed the Loop, would cost as little as $1 per fare. At this speed, the platform takes less than a minute to complete the test track.

Originally called a test tunnel, Musk said Sunday on Twitter that it'll soon be ready for prime time. Musk went on to explain that the Boring Company will host an opening event on its launch, and free rides will be provided to the public the following day.

While the trial tunnel injects a dose of realism to his vision of a hyperfast underground system, key questions remain.

Several hours before posting that Twitter had been anxious about his account, he tweeted manga images and asked if users wanted to buy Bitcoin.

The Boring Company initially started off as a joke on Twitter while Musk was stuck in a traffic jam in Los Angeles.

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The company has also touted plans to have its systems run high-speed travel between cities. One of the proposed routes would take passengers from the District of Columbia to NY in under 30 minutes.

In addition to the testing tunnel and the East Coast route, the Boring company lists an underground tunnel project in Chicago.

While Musk is known for his towering ambition and zealous breakthroughs, the tech billionaire also has a reputation for over promising on meeting benchmarks.

The most futuristic is a blueprint for a steel elevator shaft inside the garage of a shabby house near the Hawthorne Municipal Airport that would connect with the test tunnel 40 feet below. The tech tycoon seems to have agreed to the thought and replied: "That is correct".