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2026-04-09 15:45:21
[Musk Blasts California High-Speed Rail at $126 Billion: Real Purpose is "Money Laundering"] (1) U.S. officials say the high-speed rail connecting Los Angeles and San Francisco could ultimately cost as much as $126 billion, more than three times the initially approved cost. (2) Musk responded on X by saying that if The Boring Company were to build a Hyperloop tunnel from downtown San Francisco to downtown Los Angeles, the cost would be less than 5% of that figure. (3) Musk further pointed out that the real purpose of this "high-speed rail" is not transportation, but to launder money for bureaucrats, consultants, and unions; a large amount of money has been invested so far in these areas, which is why they don't want a truly cost-effective high-speed transportation system.
