While we are not developing
a commercial Hyperloop ourselves, we are interested in helping to accelerate development of a functional Hyperloop prototype.
«Hyperloop One is the only company in the world building an operational
commercial Hyperloop system,» said Rob Lloyd, chief executive officer of Hyperloop One.
The billionaire and visionary, known for making his own fortune mobile payments in the first dot - com boom when he co-founded PayPal, envisions the first
commercial Hyperloop track to go the 400 - mile stretch from San Francisco to Los Angeles in less than an hour.
Musk has said he wants to build
a commercial Hyperloop between New York City and Washington, DC, through his newest venture, the Boring Company.
Not exact matches
HTT, which lays claim to the brand name «
hyperloop» — a futuristic transport system that essentially involves sucking people through a vacuum tube at high speed — says it is «building the first
commercial line in Abu Dhabi.»
Hyperloop One, a startup pursuing the system for
commercial use, reached a top speed of 192 mph in August on its 500 - meter test track in Nevada.
With innovations like driverless cars,
commercial space travel and Elon Musk's much - touted
hyperloop lurking just beyond the horizon, travelers are closer than ever to knowing what exactly travel will look like a few decades from now.