Various municipalities keep flirting with mass transit options that have always been over budget, over time, and ineffective. Monorails, regular rails, fast ferries, they pretty much have never worked. Sometimes, after a few decades, they find a way to make them work, sometimes even efficiently, but always billions $ over budget. Oddly enough, when private industry does it on it's own, it's usually on budget, on time, and effective. The transcontinental railway was one. The rail system in Vegas is a more recent example. Even more recent than that is SpaceX. It's almost like involving bureaucracy into anything automatically introduces chaos, inefficiencies, corruption, and waste. It's easy to mis-spend somebody else's money.
So if the government isn't paying for or involved with this project, it MIGHT work.
So if the government isn't paying for or involved with this project, it MIGHT work.