Abu Dhabi partners with Elon Musk's Boring Company to explore underground infrastructure. ADPIC and The Boring Company will assess underground transport and utility solutions Last updated: October 08, 2026 | 18:20 Ask Gulf news anything What areas of cooperation are included in the Abu Dhabi-Boring Company partnership? How large is ADPIC's infrastructure portfolio as mentioned in the article? Why is Abu Dhabi pursuing underground infrastructure solutions? Full Summary Abu Dhabi's Projects and Infrastructure Centre has signed an agreement with Elon Musk's The Boring Company to explore advanced underground transport and utility tunnel solutions, aiming to enhance connectivity, sustainability and urban capacity in the emirate. Abu Dhabi: Abu Dhabi Projects and Infrastructure Centre (ADPIC) has partnered with The Boring Company (TBC), the tunnelling and infrastructure technology company founded by Elon Musk, to explore underground transport, utility tunnels and related infrastructure solutions in the emirate. The agreement was signed during the Liveability and Investment Exhibition (LIVEX 2026) in Abu Dhabi by Eng. Maysarah Mahmoud Salim Eid, Director General of ADPIC, and Steve Davis, President of The Boring Company, in the presence of Mohamed Ali Al Shorafa, Chairman of the Department of Municipalities and Transport (DMT). Under the agreement, ADPIC and TBC will assess advanced underground infrastructure solutions that could support connectivity, reliability and sustainable urban development in Abu Dhabi. The two organisations will also examine project feasibility, delivery and operational models, while exchanging expertise and exploring opportunities to develop local capabilities in advanced tunnelling and underground infrastructure. Underground transport. The initiative will include technical and strategic discussions on underground transportation systems, utility tunnels and related infrastructure. SPONSORED LINKS BY PROJECT AGORA Areas of cooperation will include tunnel planning, advanced boring technologies, construction methods, safety standards, operations and maintenance, digital engineering, automation and infrastructure lifecycle management, according to the statement. Mohamed Ali Al Shorafa, Chairman of DMT, said the emirate was exploring approaches that could optimise the use of space, strengthen connectivity and support urban growth. "Our partnership with The Boring Company reflects Abu Dhabi's ambition to combine long-term vision, innovation and global expertise to unlock new possibilities for infrastructure development," His Excellency Mohamed Ali Al Shorafa said. "Advanced technologies" should be viewed as a means of creating value through improved mobility, more efficient use of space and greater capacity to accommodate growth, he added. Infrastructure portfolio. Maysarah Mahmoud Salim Eid, Director General of ADPIC, said the collaboration would allow Abu Dhabi to assess the potential role of advanced underground transportation and utility tunnel solutions in meeting its future infrastructure requirements. "Drawing on global expertise, technical innovation and international best practices" would help assess their potential role in supporting Abu Dhabi's future infrastructure requirements and development priorities, Eng. Maysarah Mahmoud Salim Eid said. Steve Davis, President of The Boring Company, said Abu Dhabi offered an environment to explore underground infrastructure solutions, citing its growth plans and focus on advanced technologies. The company would assess how tunnelling solutions could be used for transport and utilities, expand urban capacity and make better use of available space, he said. ADPIC currently oversees an infrastructure portfolio exceeding $56 billion and supported the delivery of 100 capital projects in 2025, according to the statement. The initiative comes as Abu Dhabi continues to invest in infrastructure supporting economic competitiveness, population growth and quality of life. Related Topics: Get updates on Topics you choose. YOU MAY LIKE

Boring co. to build 30-minute Austin to San Antonio tunnel. The Boring Company is working on a high-speed Hyperloop precursor tunnel linking Austin and San Antonio, aiming to slash the 2.5-hour trip to under 30 minutes. Nehal Malik September 24, 2026 Commuters traveling between Central Texas' two biggest metro hubs could eventually skip I-35 traffic altogether. Elon Musk has revealed that The Boring Company is actively working on a high-speed underground transit link connecting Austin and San Antonio. Musk shared the ambitious infrastructure project on X, noting that The Boring Company is planning a "simple, precursor Hyperloop tunnel" to connect Austin and San Antonio with targeted travel speeds in excess of 200 mph. He added that traveling between the two cities can currently take up to two-and-a-half hours due to traffic congestion, but the project could cut that down to just 30 minutes or less. Covering the roughly 80-mile stretch between the two cities at speeds exceeding 200 mph would drastically change travel across the region. Musk didn't offer an estimated construction start date or a projected completion window, stating only that active planning is underway. Expanding the Texas tunnel footprint. The proposed corridor represents a natural step for tunneling ventures in the Lone Star State. Austin serves as Tesla's global corporate headquarters and houses Gigafactory Texas, making regional transport links an obvious priority. The announcement also follows news from earlier this spring, when The Boring Company announced three new tunnel projects it will be building for free, including a municipal route in Dallas. Pushing toward an inter-city route marks a noticeable shift from localized shuttles toward regional mass transit. How the precursor Hyperloop works. Unlike a full-fledged Hyperloop - which envisions passenger pods traveling through sealed vacuum tubes at near-supersonic speeds - a precursor tunnel focuses on high-speed electric transport in a streamlined underground tube. In existing setups like The Boring Company's Las Vegas Convention Center Loop, standard Tesla vehicles ferry convention guests between stations beneath the surface, avoiding pedestrian congestion and vehicle traffic. However, an 80-mile arterial tunnel connecting Austin and San Antonio could look quite different. Because Tesla already operates fully unsupervised Cybercab and Model Y robotaxis on public roads in Austin, this long-distance tunnel could easily become the first dedicated subterranean corridor to host driverless fleets. Without surface weather, cross traffic, or unexpected road hazards, autonomous vehicles could safely sustain 200 mph speeds. Securing right-of-way permits and tunneling 80 miles across Texas limestone will certainly take time. But if The Boring Company pulls it off, the daily crawl along I-35 could be replaced by a 30-minute zip underground. Help others discover this article by sharing it.

Wall Street Breakfast podcast: Musk's Texas tunnel vision. 5.74M Followers Summary. * Elon Musk's latest transit idea could put Austin and San Antonio just 30 minutes apart. * Volkswagen (VLKAF) cut its 2026 operating return forecast to no more than 1%, citing weak China business, higher retirement provisions, and Porsche (POAHY) pressures. * Converse (NKE) faces reputational risk after a controversial ad, complicating Nike's turnaround efforts amid 13 consecutive quarters of revenue decline. * Stock index futures are positive, with multiple S&P and Russell index rebalancings impacting names like BE, ILMN, DELL, and HAWK. Musk's latest idea could shrink a Texas commute to 30 minutes. (00:14) The troubles facing Volkswagen (VLKAF) and Porsche (POAHY). (01:18) A controversial ad is putting Converse (NKE) back in the spotlight. (02:04) This is an abridged transcript. If you've ever driven 35 between Austin and San Antonio and been stuck in traffic, this one is for you. And even if you haven't this is still interesting. Elon Musk said The Boring Company is working on a high-speed tunnel that could carry passengers between Austin and San Antonio in less than 30 minutes. The proposed project would serve as a precursor to Musk's long-discussed Hyperloop concept, with vehicles traveling at more than 200 mph (321.87 km/h), according to a post by the Tesla (TSLA) and SpaceX (SPCX) chief executive on X. Musk said traffic congestion can stretch the roughly 80-mile trip between the two Texas cities to as long as 2.5 hours. The tunnel would provide a journey of under 30 minutes with more predictable travel times, he said. The post didn't disclose the proposed route, construction cost, financing structure or expected completion date. Musk also didn't say whether the system would use conventional electric vehicles, specialized passenger pods or the low-pressure tubes originally envisioned for Hyperloop travel. Volkswagen shares fell after the automaker cut its 2026 outlook and took a multibillion-euro hit tied to Porsche, dragging Porsche lower as well. Volkswagen (VLKAF) fell 2%, while Porsche (POAHY) dropped 2.8% after sliding 4.9% on Friday. Volkswagen (VLKAF) said Friday that it now expects an operating return on sales of no more than 1% in 2026, down from its previous forecast of 4%-5.5%. The automaker cited weak business in China, higher retirement provisions and continued pressure at Porsche (POAHY). Separately, the automaker anticipates more than 4,000 additional job cuts at Porsche (POAHY) as part of its restructuring drive. Converse is reviewing its internal approval procedures after an advertisement drew widespread criticism for imagery that some viewers associated with the Ku Klux Klan and lynching, Bloomberg News reported Sunday. Chief Executive Aaron Cain told employees that the Nike-owned (NKE) brand removed the images after concerns surfaced and is examining how the campaign passed its review process. He said management would make changes intended to prevent similar incidents. For investors, the controversy adds another challenge to Nike's (NKE) effort to revive Converse, which has posted 13 consecutive quarters of declining revenue. The backlash could further weaken demand, complicate marketing and delay a turnaround at one of Nike's most persistently troubled businesses. What's Trending on Seeking Alpha: Catalyst watch: * It's a busy day for index adjustments. Bloom Energy (BE), Everpure (P), and Illumina (ILMN) join the S&P 500 Index. Dell Technologies (DELL), Palo Alto Networks (PANW). Arista Networks (ANET). SanDisk (SNDK) will all join the S&P 100 Index. HubSpot (HUBS), AGNC Investment (AGNC). Corcept Therapeutics (CORT), and Brinker International (EAT) will join the S&P Midcap 400 Index. HawkEye (HAWK) will join the Russell 2000. Stock index futures are in the green. Crude oil is down 1.8% at $98. Brent crude is down 1.9% at $101. The FTSE 100 is up 0.7% and the DAX is up 1.1%. One stock on the biggest movers list: Economic calendar: * 8:30 am Chicago Fed National Activity Index Editor's Note: This article discusses one or more securities that do not trade on a major U.S. exchange. Please be aware of the risks associated with these stocks. 5.74M Followers Wall Street Breakfast, Seeking Alpha's flagship daily business newsletter, is a one-page summary that gives you a rapid overview of the day's key financial news. It is designed for easy readability on the site or by email (including mobile devices) and is published before 7:30 AM ET every market day. Wall Street Breakfast's readership of more than 1 million subscribers includes many from the investment banking and fund management industries. Sign up here to receive the Wall Street Breakfast in your inbox every business day.