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Hyperloop Done After raising almost half a billion dollars in funding since being founded in 2014, Hyperloop One is shutting down. As Bloomberg reports, the once hyped-up transportation startup that was meant to revolutionize travel from city to city by blasting us through vacuum tubes at breakneck speeds, has laid off most of its staff. […]
ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero
In 2013, Elon Musk published a white paper that teased the idea of zipping from Los Angeles to San Francisco in just 35 minutes through a vacuum-sealed tube -- a system he called hyperloop. The idea “originated out of his hatred for California’s proposed high-speed rail system,” according to his biographer Ashlee Vance. Ten years later, the most high-profile startup that tried to follow in Musk’s footsteps -- Hyperloop One -- is closing its doors.
Hyperloop One, the company testing a proposed high-speed transportation system in the Nevada desert, is reportedly shutting down.Bloomberg reports that the comp
Hyperloop One, the company testing a proposed high-speed transportation system in the Nevada desert, is reportedly shutting down.Bloomberg reports that the comp