Elon Musk Company Signs Preliminary Agreement on Dubai Loop Project

Elon Musk Company Signs Preliminary Agreement on Dubai Loop Project
Deputy Prime Minister of United Arab Emirates Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum attends a roundtable meeting during the joint European Union and the Gulf Cooperation Council (GCC) summit, in Brussels on Oct. 16, 2024. Johanna Geron/Reuters
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DUBAI—Elon Musk’s The Boring Company and Dubai’s Road and Transport Authority (RTA) have signed an initial agreement to build the Dubai Loop, an underground high-speed transport network spanning 17km (10.6 miles), they said on Friday.

The United Arab Emirates’ Artificial Intelligence Minister, Omar Al Olama, announced the project on a video interview with Elon Musk during the World Governments Summit on Thursday without providing further detail.