MSN reported yesterday that Brightline is officially worried about its continued solvency. Its outside auditor, Ernst and Young, which prepared the company’s 2025 financial statements, warned that Brightline “does not currently have the liquid funds necessary to service its debt and meet such other obligations as they become due. Indeed, Brightline didn’t make interest payments of $117 million due early this year and the grace period expires in five weeks. It’s trying to secure funding, but said in a statement, “Substantial doubt remains as to the ability of the company to continue as a going concern. Thus, there’s substantial concurrent doubt that the high-speed rail line between southern California and Las Vegas can continue to come to fruition. And thanks to DanOH for sending us the MSN link.
Source: Las Vegas News