High-speed rail is more than fast trips between the Bay Area and the Los Angeles region. It is the opportunity to connect the communities in between — Gilroy, Merced, Fresno, Bakersfield, Palmdale, and others — to the state’s largest job centers and innovation hubs in ways that expand access to opportunity. Early commercial success and ancillary revenue generation create a durable pathway to expand and complete the system without relying exclusively on new public funding. This 2026 Business Plan outlines the first true revenue strategy for California high-speed rail. This is a once-in-a-generation investment in California’s future.