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Balloon Juice - Open Thread and Rocky Update

Balloon Juice - Open Thread and Rocky Update
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Netherlands Builds Quarter-Mile Hyperloop Tube for Testing

Tubes and Windmills While companies have encountered major headwinds in turning the Hyperloop, an entirely new and unproven form of transportation, into a reality, the European Hyperloop Center is still hoping to open the first functional track by the end of the decade. The non-profit foundation has opened a new quarter-mile test tube made out […] ....

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Saudi Arabia owns more than half of Lucid Motors

A new lawsuit against Lucid Motors has revealed that the California EV startup gave up majority ownership to Saudi Arabia in exchange for the Kingdom’s $1 billion investment. Lucid Motors took the deal in 2018 when it was strapped for cash, and it was announced weeks before the assassination of journalist Jamal Khashoggi. ....

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Monckton Announces a Sustainable-Energy Startup: Invest Now!

Let me end with the statutory warning before you send me your very large check: “Investments can go up, and up, and up, as well as up.” ....

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He tried to buy the UFC, now he's in a Russian jail

He tried to buy the UFC, now he's in a Russian jail
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