Elon Musk’s Boring Co. purchased land last month near Las Vegas’ airport for $5.96 million, according to Clark County records.
Boring Co., under its subsidiary Object Dash, purchased a 1.72-acre parcel at 5032 Palo Verde Road on Sept. 15, the latest in a series of property acquisitions made as the Vegas Loop is built out.
Since 2022, Boring Co. has purchased seven sites in the Las Vegas Valley, totaling $54.8 million, according to county records tracked by the Review-Journal.
The Palo Verde site is just south of Tropicana Avenue, between Paradise Road and University Center Drive, near where Harry Reid International Airport plans to build a multimodal transit center to provide ground transportation services for passengers, airport staff and crew.