Boring Company will make a 34-mile tunnel network under Las Vegas

The Boring Company's underground transportation system will be larger than originally anticipated. The Elon Musk-founded organization has just gained city authorization to build its underground transportation network, dubbed the Vegas Loop, into city limits. The Las Vegas Loop was first given the go-ahead by Clark County Commissioners in May 2017 and was designed to run for 29 miles through 51 stations. Now, the network will stretch 34 miles and include 55 stations, including those at Harry Reid International Airport and Allegiant Stadium.

Boring Co. President Steve Davis said tunneling in downtown Las Vegas could begin in 2023: "This is step two and there are eight steps for us to be opening. There's a long way to go and a lot of work to do. But if I were to guess on the spot I would guess we'd have machines in (the ground) next calendar year."

The Strat, Fremont Street Experience, the Slotzilla attraction, the Garage Mahal at the Circa Resort, and the Plaza Hotel are among the downtown stations. Boring could potentially construct additional stations in the future; each one would cost anything from $1.5 to $20 million to build.

A trip from downtown Las Vegas to Sky Harbor Airport, for example, would take around 8-9 minutes and cost around $12. Before Boring's monorail system can transport people between downtown Las Vegas and McCarran International Airport, it must obtain a slew of permits and design permissions. As The Verge notes, only 1.7 miles of the Vegas Loop are operational at the moment underneath the Las Vegas Convention Center (LVCC). That said, Las Vegas Convention and Visitors Authority CEO Steve Hill said he expects more portions serving parts of the Resort Corridor to be operational sometime in 2023.