The Trump Administration is said to be considering regulatory changes to reduce red tape for ambitious projects.

A Trump Administration official has tossed a bit of cold water on Elon Musk's claim that The Boring Co received "verbal government approval" to build an underground hyperloop from New York City to Washington DC."As I said to Elon after, I think what you heard was 'verbal government excitement,'" President Trump's Intragovernmental and Technology Initiatives adviser Reed Cordish told Recode in a recent interview.

The administration may not have explicitly cleared the way for Boring Co tunneling machines to begin digging a 200-mile tunnel, but Cordish suggests federal officials are enthusiastic about such innovative projects and could try to clear away regulatory hurdles.

Cordish claims to be talking to Musk "every day" about what Boring Co needs to "get government out of the way" as the startup attempts to reimagine tunneling.

At the state level, Maryland's Department of Transportation gave its official blessing for Boring Co to begin digging. The state is said to control only a 10-mile stretch of property beneath the Baltimore-Washington Parkway, however.

Boring Co now has two tunnel boring machines (TBMs) that will help the company understand the current state of the technology and explore ways to significantly speed up the digging process.

The startup has proposed two different forms of tunnel transportation. A simple approach employs electric skates to shuttle individual cars through a 14-foot bore at speeds of up to 120 mph. A more complex hyperloop would depressurize the tubes and transport passengers in pressurized pods at speeds of up to 600 mph. The former appears to be a solution geared for integration with existing surface roads to help reduce traffic congestion in urban centers, while the latter could compete with airlines to support travel longer distances between cities.