Finance: Elon Musk says he just got 'verbal government approval' to build Hyperloop between New York and DC (TSLA)

The Hyperloop could shuttle people between New York and Washington DC in 29 minutes, Musk said.

Serial entrepreneur Elon Musk said his latest venture, The Boring Company, just got "verbal government approval" to build a Hyperloop connecting New York City with Washington DC.

Musk didn't clarify who exactly gave the company verbal approval and whether or not it came from different state representatives. But he said the company will build an underground tunnel that will connect the two major cities.

The Hyperloop could shuttle people between New York and Washington DC in 29 minutes, Musk said.

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The Hyperloop could shuttle people between New York and Washington DC in 29 minutes, Musk said. Read Full Story