Elon Musk’s The Boring Company has purchased its first parcel of land in Nashville, marking a step toward its Music City Loop project.
As per Davidson County records, the tunneling startup acquired 0.84 acres at 200 Jupiter Drive on September 23 for $937,812 through its Nevada-based LLC, FJ Pads. The property, which is located less than half a mile from Nashville International Airport, currently houses a church and parking lot.
A boring land purchase
The sale actually represents a significant increase in value for the plot’s owners, Pastor Migel Seda and his wife Euralia, as the plot of land was acquired in 2016 for just $210,000. That’s a substantial 347% premium, as noted in a report from The Tennessean.
The Boring Company has not disclosed how the land will be used, but its proximity to the airport has prompted speculations from Tesla community members that it could serve as a staging yard or operations hub for the Music Loop’s construction. The price that The Boring Company paid for the parcel of land is not surprising as well, as Elon Musk’s companies have been known to pay a premium for real estate.
That being said, neither the sellers nor the tunneling startup issued a comment about the purchase.
Music City Loop
Back in July 2025, the Boring Company announced plans to build the Music City Loop, a 9.5-mile underground transit tunnel linking downtown Nashville with Nashville International Airport. The system is intended to provide fast, congestion-free travel for commuters. Expectations are high that the Loop system could be operational as soon as Spring 2026.
“Music City Loop will connect downtown and the Convention Center to Nashville International Airport with a transit time of approximately 8 minutes – using underground tunnels beneath state-owned roadways,” the Boring Company noted on the project’s official webpage.
Tennessee Governor Bill Lee shared his enthusiasm for the Music City Loop. “By leveraging the innovation of private companies like The Boring Company, we’re exploring possibilities we couldn’t achieve on our own as a state. This potential partnership represents the kind of forward-thinking, fiscally responsible approach that will define the future of transportation in Tennessee,” he said.
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