All-In with Chamath, Jason, Sacks & Friedberg · Friday, September 18, 2026
The California high-speed rail project, initially estimated at $33 billion, has seen its projected cost balloon to nearly $236 billion. Despite 18 years of work and $15 billion spent, no segment of the intended Los Angeles to San Francisco route is operational, leading to accusations of waste and incompetence.
“This is all California has to show for 15 billion dollars in 18 years of work.”
“The original estimates for California high-speed rail was 33 billion dollars. It then jumped to 126 billion dollars. And now the newest estimate is 236 billion dollars.”
“We're going to be breaking down this entire thing from start to finish to show you guys what is actually happening with the California high-speed rail.”