Carlos Aguilar is CEO of Texas Central, a company raising money to build a bullet train. This “innovative new high-speed passenger train line … will connect the fourth and fifth largest economies in the country, North Texas and Greater Houston, in less than 90 minutes, with one stop in the Brazos Valley,” the website advertises.
To build that train, Texas Central must raise tens of billions of dollars. It currently puts the cost at “around $20 billion,” a ballpark price that encompasses “the construction of the lines, tracks, viaducts, berms, maintenance facilities, power substations, and three passenger stations,” though that’s likely lowballing it.
Aguilar said on Y’all-itics, a podcast that calls itself “the home of cold beer and hot takes on Texas politics,” that fundraising for the train probably hinges on the passage of the infrastructure funding bill in Congress.
“We’re looking at what happens with the infrastructure package. That’s obviously paramount to whatever