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Boring Company
The Boring Company (TBC) is an American infrastructure, tunnel construction service, and equipment company founded by Elon Musk. TBC was founded as a subsidiary of SpaceX in 2017, and was Corporate spin-off, spun off as a separate corporation in 2018. TBC has completed multiple test tunnels and one tunneling project that is open to the public. In 2018, TBC completed Boring Test Tunnel, one test tunnel in Los Angeles County, California. In 2021, TBC completed the Las Vegas Convention Center (LVCC) LVCC Loop, Loop, a three-station transportation system with of tunnels. As of April 2024, a segment to Resorts World Las Vegas is also open, and tunnels to Encore Las Vegas, Encore and Westgate Las Vegas, Westgate resorts are being finalized. The system is planned to expand to a total of of tunnels. Many other TBC projects in cities across the United States were announced, but subsequently became inactive or were canceled. History Musk announced the idea of the Boring Company in ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Privately Held Company
A privately held company (or simply a private company) is a company whose Stock, shares and related rights or obligations are not offered for public subscription or publicly negotiated in their respective listed markets. Instead, the Private equity, company's stock is offered, owned, traded or exchanged privately, also known as "over-the-counter (finance), over-the-counter". Related terms are unlisted organisation, unquoted company and private equity. Private companies are often less well-known than their public company, publicly traded counterparts but still have major importance in the world's economy. For example, in 2008, the 441 list of largest private non-governmental companies by revenue, largest private companies in the United States accounted for $1.8 trillion in revenues and employed 6.2 million people, according to ''Forbes''. In general, all companies that are not owned by the government are classified as private enterprises. This definition encompasses both publ ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
LVCC Loop
The Las Vegas Convention Center Loop (LVCC Loop) is an underground public transportation system that serves the Las Vegas Convention Center. Operating since 2021, the system uses Tesla Model Y vehicles to shuttle passengers among five stations. The Boring Company began construction in November 2019, and has since continued intermittent tunnel drilling for planned stations. History The Boring Company won the $48.7 million contract in May 2019. and began drilling the first tunnel on November 15, 2019, digging at about per day. The first leg tunnel was completed on February 14, 2020. The second tunnel was finished that May. The Boring Company started testing the system with volunteers in May 2021. The test demonstrated the new transport system could move up to about 4,400 passengers per hour with an end-to-end time of about two minutes. In July 2021, the peak passenger flow was recorded at 1,355 passengers per hour. In February 2024, following investigation, the Boring Company w ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Hawthorne, California
Hawthorne is a city in southwestern Los Angeles County, California. It is part of a seventeen-city subregion of the Los Angeles metropolitan area commonly known as the South Bay (Los Angeles County), South Bay. As of the 2020 United States census, 2020 US census, Hawthorne had a population of 88,083. History Hawthorne was once part of the ''Rancho Sausal Redondo'' (Round Willow-grove Ranch) of the Ranchos of California, Mexican land grant in present-day Los Angeles County, California given in 1837 to Ávila family of California, Antonio Ygnacio Ávila by Juan Bautista Alvarado, Juan Alvarado the Mexican Governments Governor of Alta California. ''Rancho Sausal Redondo'' covered the area that now includes Playa Del Rey, California, Playa Del Rey, El Segundo, California, El Segundo, Manhattan Beach, California, Manhattan Beach, Lawndale, California, Lawndale, Hermosa Beach, California, Hermosa Beach, Inglewood, California, Inglewood, Hawthorne, and Redondo Beach, California, Re ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Tunnel Boring Machine
A tunnel boring machine (TBM), also known as a "mole" or a "worm", is a machine used to excavate tunnels. TBMs are an alternative to drilling and blasting methods and "hand mining", allowing more rapid excavation through hard rock, wet or dry soil, or sand (although each requires specialized TBM technologies). TBM-bored tunnel cross-sections extend up to (through June 2023). TBM tunnels are typically circular in cross-section, but may also be square or rectangular, or U- or horseshoe-shaped. Much narrower tunnels are typically bored using trenchless construction methods or horizontal directional drilling rather than by TBMs. TBMs limit disturbance to the surrounding ground and produce a smooth tunnel wall, which reduces the cost of lining the tunnel; it also allows for tunneling in urban areas. Large TBMs are expensive and challenging to construct and transport, fixed costs which become less significant for longer tunnels. Tunneling speeds generally decline as tunnel size in ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Equity (finance)
In finance, equity is an ownership interest in property that may be subject to debts or other liabilities. Equity is measured for accounting purposes by subtracting liabilities from the value of the assets owned. For example, if someone owns a car worth $24,000 and owes $10,000 on the loan used to buy the car, the difference of $14,000 is equity. Equity can apply to a single asset, such as a car or house, or to an entire business. A business that needs to start up or expand its operations can sell its equity in order to raise cash that does not have to be repaid on a set schedule. When liabilities attached to an asset exceed its value, the difference is called a deficit and the asset is informally said to be "underwater" or "upside-down". In government finance or other non-profit settings, equity is known as "net position" or "net assets". Origins The term "equity" describes this type of ownership in English because it was regulated through the system of equity law that devel ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
The Wall Street Journal
''The Wall Street Journal'' (''WSJ''), also referred to simply as the ''Journal,'' is an American newspaper based in New York City. The newspaper provides extensive coverage of news, especially business and finance. It operates on a subscription model, requiring readers to pay for access to most of its articles and content. The ''Journal'' is published six days a week by Dow Jones & Company, a division of News Corp. As of 2023, ''The'' ''Wall Street Journal'' is the List of newspapers in the United States, largest newspaper in the United States by print circulation, with 609,650 print subscribers. It has 3.17 million digital subscribers, the second-most in the nation after ''The New York Times''. The newspaper is one of the United States' Newspaper of record, newspapers of record. The first issue of the newspaper was published on July 8, 1889. The Editorial board at The Wall Street Journal, editorial page of the ''Journal'' is typically center-right in its positio ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Corporate Entity
A corporation or body corporate is an individual or a group of people, such as an association or company, that has been authorized by the state to act as a single entity (a legal entity recognized by private and public law as "born out of statute"; a legal person in a legal context) and recognized as such in law for certain purposes. Early incorporated entities were established by charter (i.e., by an ''ad hoc'' act granted by a monarch or passed by a parliament or legislature). Most jurisdictions now allow the creation of new corporations through registration. Corporations come in many different types but are usually divided by the law of the jurisdiction where they are chartered based on two aspects: whether they can issue stock, or whether they are formed to make a profit. Depending on the number of owners, a corporation can be classified as ''aggregate'' (the subject of this article) or '' sole'' (a legal entity consisting of a single incorporated office occupied by a sing ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Elon Musk Accelerates The Boring (45716125474)
Elon may refer to: People * Elon (name), a given name and surname ** Elon Musk (born 1971), business magnate Places in the United States * Elon, Iowa, an unincorporated community * Elon, North Carolina, a town * Elon, Virginia, an unincorporated community Other uses * Elon University, in Elon, North Carolina ** Elon Phoenix, the school's athletic program * Elon (chemical), Eastman Kodak's trade name for p-methylaminophenol sulfate * ''Elon the Muskox'', a living sculpture at City Hall in Yellowknife, Northwest Territories, Canada * Echelon Corporation (NASDAQ code: ELON) * The "Elon", a fictional leader of a Mars colony in the 1953 book ''Project Mars: A Technical Tale'' by German-American rocket engineer Werner von Braun See also * * * Alon (other) * Allon (other) Allon (a Hebrew language word meaning "oak tree") may refer to: *Allon (surname) *Allon, Georgia, a ghost town *Allon Road, named after Yigal Allon *Allon (village), an Israeli settlement ea ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Tunnel Network
In transport, tunnels can be connected together to form a tunnel network. These can be used in mining to reach ore below ground, in cities for underground rapid transit systems, in sewer systems, in warfare to avoid enemy detection or attacks, as maintenance access routes beneath sites with high ground-traffic such as airports and amusement parks, or to extend public living areas or commercial access while avoiding outdoor weather. In warfare Sieges Tunnel networks were sometimes developed during siege warfare, even dating back to classical antiquity. Starting with a single tunnel being dug to undermine a wall that might be detected by the defenders and met with counter-tunnels, leading to tunnel warfare. Defenders might first create a series of underground listing posts to preempt such mining attacks. Trench systems Any time the use of trenches becomes extensive, this naturally leads to connecting them with tunnel networks for safe passage both along the trench lines an ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Subsidiary
A subsidiary, subsidiary company, or daughter company is a company (law), company completely or partially owned or controlled by another company, called the parent company or holding company, which has legal and financial control over the subsidiary company. Unlike regional branches or divisions, subsidiaries are considered to be distinct entities from their parent companies; they are required to follow the laws of where they are incorporated, and they maintain their own executive leadership. Two or more subsidiaries primarily controlled by same entity/group are considered to be sister companies of each other. Subsidiaries are a common feature of modern business, and most multinational corporations organize their operations via the creation and purchase of subsidiary companies. Examples of holding companies are Berkshire Hathaway, Jefferies Financial Group, The Walt Disney Company, Warner Bros. Discovery, and Citigroup, which have subsidiaries involved in many different Industry (e ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
OpenCorporates
OpenCorporates is a website that shares data on corporations under the copyleft Open Database Licence, Open Database License. The company, OpenCorporates Ltd, was incorporated on 18 December 2010 by Chris Taggart and Rob McKinnon, and the website was officially launched on 20th. Data is sourced from national business registries in 140 jurisdictions, and presented in a standardised form. Collected data comprises the name of the entity, date of incorporation, registered addresses, and the names of directors. Some data, such as the ownership structure, is contributed by users. Recognition In 2011, the site won third place in the Open Data Challenge. Vice President of the European Commission Neelie Kroes said the site "is the kind of resource the (Digital) Single Market needs and it is encouraging to see that it is being built." The project was represented on the European Union's Core Vocabularies Working Group's Core Business Task Force. In early 2012, the project was appointe ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Elon Musk At TED 2017
Elon may refer to: People * Elon (name), a given name and surname ** Elon Musk (born 1971), business magnate Places in the United States * Elon, Iowa, an unincorporated community * Elon, North Carolina, a town * Elon, Virginia, an unincorporated community Other uses * Elon University, in Elon, North Carolina ** Elon Phoenix, the school's athletic program * Elon (chemical), Eastman Kodak's trade name for p-methylaminophenol sulfate * ''Elon the Muskox'', a living sculpture at City Hall in Yellowknife, Northwest Territories, Canada * Echelon Corporation (NASDAQ code: ELON) * The "Elon", a fictional leader of a Mars colony in the 1953 book ''Project Mars: A Technical Tale'' by German-American rocket engineer Werner von Braun See also * * * Alon (other) * Allon (other) Allon (a Hebrew language word meaning "oak tree") may refer to: *Allon (surname) *Allon, Georgia, a ghost town *Allon Road, named after Yigal Allon *Allon (village), an Israeli settlement ea ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
