Page 2 - Boring Co News Today

Contrary to social media rumors the Las Vegas Monorail remains on track to transport riders in the resort corridor well into the near future, according to tourism agency that owns it.

OSHA fined the Texas billionaire's tunneling company for safety violations in Nevada, but the agency's regulators in the Lone Star State never opened a case into the business, the Express-News reports.

The Chinatown11 land is being sold for $32.5 million.

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LVCVA President and CEO Steve Hill offered the company access to safety officers after the company was fined $100,000 for construction violations last year.

OSHA issued the Boring Company eight citations last year, and a Fortune investigation found that the company had disregarded worker safety.

The proposed Boring Company Vegas Loop station at Allegiant Stadium is planned to be added to Lot B of the 62-acre site.

Musk, the worlds second-richest person, according to Forbes, presides over SpaceX, Tesla and other companies that are pushing the boundaries of technology, while also controlling a social media platform, now known as X, formerly Twitter, through which he promotes his often-polarizing political and social views.

The Musk foundation that houses the money has failed in recent years to give away the bare minimum required by law to justify the tax break, exposing it to the risk of having to pay the government a substantial financial penalty.

The billionaire is drawing on overlapping technology, data and financial backers.