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Development company for Hyperloop emerges from stealth mode - Vimarsana News

Development company for Hyperloop emerges from stealth mode

Well, Elon Musk can relax now.

Hyperloop One Shuts Down - Vimarsana News

Hyperloop One Shuts Down

Most employees were laid off and the company is trying to sell its remaining assets.

Source: yahoo.com
Hyperloop One hits the brakes on futuristic rail operation after raising £355 million - Vimarsana News

Hyperloop One hits the brakes on futuristic rail operation after raising £355 million

Hyperloop One, the futuristic transportation company, is reportedly shutting down, facing financial struggles, laying off most employees, and seeking to sell assets

Elon Musk's Hyperloop One to shut down after failing to reinvent transit - Vimarsana News

Elon Musk's Hyperloop One to shut down after failing to reinvent transit

The company had captured the public’s imagination since its founding in 2014, a year after Elon Musk released a white paper outlining a vision for hyperloop technology. The concept was a tantalizing promise of a new kind of transportation technology — and an end to traffic. 

Hyperloop One to Shut Down After Failing to Reinvent Transit - Vimarsana News

Hyperloop One to Shut Down After Failing to Reinvent Transit

(Bloomberg) -- Hyperloop One, the futuristic transportation company building tube-encased lines to zip passengers and freight from city to city at airplane-like speeds, is shutting down, according to people familiar with the situation.Most Read from BloombergIran Sends Warship to Red Sea After US Sinks Houthi BoatsQuake Hits Northwestern Japan, Killing Four, Wrecking HomesIndia’s Crude Oil Imports From Russia Plunge on Payment IssuesUS Pushed Dutch Maker of Chip Equipment to Block Chinese Sales

Source: yahoo.com