Elon Musk plans to create Lego-like bricks for affordable housing

Elon Musk, the founder of Space X and Tesla has Monday reiterated his plans to use dirt excavated by Boring Company, his tunnel-digging enterprise to create bricks for affordable housing.

Bloomberg reports that a spokesperson for the Boring Company has also confirmed the statement, saying that the company’s “excavated muck” from tunnels would be used to create a very large quantity of bricks.

“The Boring Company will be using dirt from tunnel digging to create bricks for low-cost housing,” Musk tweeted on Monday. The billionaire entrepreneur earlier in March indicated that the company is planning to create kits of life-size LEGO-like bricks which will feature ancient pyramids of Egypt using the excavated muck. He also consented that the building material could be used for affordable housing.

Elon Musk seems to be serious about this plan, but there many questions about such move. This includes the number of housing units that could be built using Boring Company bricks. Another could be the cost of laying bricks due to its associated expertise and materials. Bloomberg spoke with Juan Matute, a lecturer at the University of California, who said that the cost of housing is not driven by construction materials if bricks are considered as the building material. “Labor and land drive prices more,” said Matute.

Tesla CEO Elon Musk

Image: Elon Musk, founder and CEO of Tesla

Though the Boring company spokesperson said “there will be an insane amount of bricks,” it is not clear if the company can produce enough bricks to build a good number of homes since dirt from the Hyperloop tunnels would be mixed with contamination from years of industrial runoff. However, Matute told Bloomberg that Musk may not be stopped by such challenges. They could just build a few houses to show they have done it. “That doesn’t mean The Boring Company can’t buy some land and build a few low-cost houses, with a partner like Habitat for Humanity.”

The Boring Company received approval to start digging a tunnel connecting New York City and Washington DC in February. The project is aimed at facilitating Hyperloop transport system with high-speed which Musk has demonstrated an interest in for some time now. The tunnel will feature electric skates which could transport users beneath the cities at the speed of 130 miles per hour.

Dezeen reports that the test tunnel under construction by the Boring Company will provide Musk with general public-free transportation and first traffic since its going to connect SpaceX headquarters and Bel-Air enclave. Musk has faced criticism earlier this year for degrading public transportation; a comment he made at a conference, calling public transport “a pain in the ass and full of strangers that might be a serial killer”

Musk has recently raised fund for his new ambitions through sales of innovative items. In December, he sold 50,000 black caps bearing the Boring Company logo. That raised about $1 million. Earlier this year, he also raised additional $3.5 million through 7,000 pre-orders for flamethrowers.

Anna Domanska
Anna Domanska is an Industry Leaders Magazine author possessing wide-range of knowledge for Business News. She is an avid reader and writer of Business and CEO Magazines and a rigorous follower of Business Leaders.

Recent Posts

General Motors Q2 2021 Results Recap

General Motors Q2 2021 Results Recap

General Motors Q2 earnings and revenue missed Wall Street’s expectations even though the world’s leading automaker beat earnings projections.
12 hours ago
UK casts doubt over Nvidia’s Arm acquisition over security risks

UK casts doubt over Nvidia’s Arm acquisition over security risks

UK considers blocking Nvidia’s Arm acquisition due to potential risks to national security. The $40 billion takeover faces similar fate in America, China and the European Union.
20 hours ago
PepsiCo relinquishes control of Tropicana for $3.3 billion

PepsiCo relinquishes control of Tropicana for $3.3 billion

PepsiCo will sell Tropicana and other juice brands to a private equity firm in exchange for pre-tax proceeds of 3.3 billion dollars.
2 days ago
Sanofi bets big on mRNA future with Translate Bio acquisition offer

Sanofi bets big on mRNA future with Translate Bio acquisition offer

Sanofi’s CEO Paul Hudson is dead serious about mRNA technology and capabilities with a $3.2 billion acquisition offer to Translate Bio.
2 days ago
Top 6 Energy Dividend Stocks to include in your portfolio

Top 6 Energy Dividend Stocks to include in your portfolio

The entire energy sector yield hovers around 4%, according to the Energy Select Sector SPDR exchange-traded fund.
2 days ago
Monte dei Paschi performance below par in EU banks stress test

Monte dei Paschi performance below par in EU banks stress test

The depletion of capital at each bank under the test’s harshest scenario will be closely scrutinised, and could potentially lead to hostile takeovers
4 days ago