John Kleinheinz

Built World

Active - acquired Japanese investors' stakes in January 2025

The United States has never built a true high-speed rail line. For over a decade, Texas Central Railway has attempted to change that with a 240-mile bullet train connecting Houston and Dallas—using Japanese Shinkansen technology to cut a 3.5-hour drive to 90 minutes. On April 14, 2025, the Trump administration terminated a $64 million federal planning grant, calling the project 'a waste of taxpayer funds' and returning the initiative entirely to private control.

Updated May 27