What
about hyperloop or some med tech company?
We're talking
about hyperloop technology.
«We think it's feasible to think
about a hyperloop network that will connect Dubai, Abu Dhabi, Riyadh and Jeddah for cargo and passengers.»
Yes, Musk's choice of words was poor, but his brain is too busy thinking
about Hyperloops and colonizing Mars to worry about how our puny human brains might misinterpret him, okay?
Not exact matches
Branson first started speaking with
Hyperloop One
about coming on board back in April, then came out to the Nevada desert the next month to see the rail in action.
Hyperloop One last year demonstrated a small scale test run that reached
about 400 mph.
Robert Lloyd,
Hyperloop One CEO, tell CNBC
about the next generation of high - speed travel for Americans.
«It feels like there's some confusion between the company that's building something, and the company that has people talking
about building something,» said Rob Lloyd,
Hyperloop Tech's CEO.
underground
Hyperloop route between New York and D.C., which are
about 200 miles apart.
The
hyperloop, a catch - all term describing the technology that's been developed by numerous companies since Tesla and SpaceX CEO Elon Musk crowdsourced the idea in 2012, resembles a bullet train that can theoretically travel at velocities nearing the speed of sound (
about 700 miles per hour).
Hyperloop could save, at most, a combined time of
about 6 million minutes (12 years) across all commuters each day.
British tycoon Richard Branson - backed Virgin
Hyperloop One is proposing to build a super-fast transportation system in India that would connect the city of Pune with the planned new airport in Mumbai in 25 minutes, saving
about three hours.
Hyperloop One currently has
about $ 160 million in funding, though it's looking to raise another $ 250 million sometime this year.
We didn't ask
about that, nor did we ask participants if they'd ever heard of SpaceX or the
Hyperloop, Musk's other high - profile projects.
Over the next few months, when Musk was asked
about it, he said that when he had time he might publish an open - source version of this
Hyperloop plan for others to work on, and meanwhile he offered more opaque clues as to what his idea was («a cross between a Concorde and a rail gun and an air - hockey table... if they had a three - way and had a baby somehow»), which inspired lots of online speculation, much of it deeply skeptical.
Musk originally believed a
hyperloop connecting Los Angeles to San Francisco would cost
about $ 6bn, 10 times more than the $ 68bn the government is set to spend on a high - speed train line connecting the two cities.
For today, it's useful to just think
about the impact of the
Hyperloop on the airline industry.
A feasibility study on a system by
Hyperloop One, commissioned by FS Links and carried out by public accounting company KPMG, reveals that a network connecting Sweden's Stockholm and Finland's Helsinki will cost
about $ 19 billion, or $ 21 billion, to build.
Hyperloop Transportation Technologies, a group of
about a hundred engineers from around the world, have come together via the JumpStartFund crowdsourcing platform to pitch together their ideas for a working
Hyperloop system in exchange for potential equity.
Hyperloop Transportation Technologies (HTT) announced plans for a 5 - mile test track late last year and is
about to break ground on an initial framework for what HTT CEO Dirk Ahlborn hopes will become the U.S. transportation infrastructure of the future.
Just how quickly will this initial
Hyperloop be able to whiz town folks
about the length of Quay?
It's
about $ 20 million per mile to build HTT's version of the
Hyperloop, according to Ahlborn — a fraction of the current cost of building high - speed rail in the U.S.
Musk estimated the cost of the SF - LA
Hyperloop would be
about US$ 6 billion, one tenth as costly as the proposed high speed rail serving those cities.