The Boring Co. is snapping up real estate along planned extensions of its underground Las Vegas Loop in what some observers say is an investment with unclear prospects of a return.
Subsidiaries of the Boring Co. have purchased eight properties along the Las Vegas Loop, a privately operated underground transportation network spearheaded by billionaire Elon Musk, since the project opened in 2021. They’ve also purchased a single-family residential property outside of the Loop’s proposed path…