Russia proposes Bering Strait tunnel
Analysis based on 6 articles · First reported Oct 17, 2025 · Last updated Oct 18, 2025
The proposal for a 'Putin-Trump' rail tunnel could significantly impact the construction and transportation industries, particularly for The Boring Company if it secures the project. It also signals a potential shift in geopolitical relations between Russia and the United States, which could affect energy markets and investment flows.
Russia — Moscow, through Kirill Dmitriev, Vladimir Putin's investment envoy and head of the Russia — Russian Direct Investment Fund, has proposed a 70-mile 'Putin-Trump' rail tunnel under the Bering Strait to link Russia and the United States. The project, estimated to cost $8 billion, would be built by Elon Musk's The Boring Company, leveraging its technology to reduce costs from an estimated $65 billion. The proposal aims to unlock joint exploration of natural resources and symbolize unity between the two nations. This initiative follows a phone call between Vladimir Putin and Donald Trump, where they agreed to meet in Budapest Pride to discuss the war in Ukraine. Donald Trump has called the proposal 'interesting', while Volodymyr Zelenskyy of Ukraine expressed his disapproval. The idea of linking Russia and the United States across the Bering Strait has existed for over 150 years, but no project has ever materialized.
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