Chicago taps Elon Musk's technology to connect airport, downtown

Elon Musk's Boring Company has won a bid to connect O'Hare Airport with downtown Chicago via high-speed train, sources told Bloomberg. According to the Chicago Tribune, the high-speed "skates" could make the 17-mile journey in 12 minutes.

Why it matters: The deal could offer a boost to the upstart's technology and increase its chances of winning deals elsewhere, such as Los Angeles and Washington, D.C.