https://www.vice.com/en_us/article/qjvn75/americas-most-exciting-high-speed-rail-project-gets-dollar3-billion-grant-from-feds

A high-speed train from the greater Los Angeles area to Las Vegas took a big step closer to reality thanks to a $3 billion federal grant from the Department of Transportation and Joe Biden’s signature infrastructure law. 

The proposed line will be built by Brightline West, a private company owned by Fortress Investment Group (disclosure: VICE Media is owned by Fortress Investment Group). It promises to use all-electric high-speed trains that can travel up to 180 mph, which will half the travel time from Los Angeles to Las Vegas without even taking into account the terrible traffic during peak travel times. The one catch is the LA station will be in Rancho Cucamonga, about 45 miles from Union Station (it is, however, connected via Metrolink trains). The Las Vegas station is more centrally located close to the airport.