This morning, a company called Hyperloop One made history. Nearly four years to the day after Elon Musk first published his plans for the system, the company set a new Hyperloop speed record, logging nearly 200 mph on their test track outside Las Vegas. It’s an impressive achievement by any measure, but it’s particularly impressive given how implausible the project originally seemed. When Elon Musk first announced his plans, few observers would have predicted that a workable prototype would emerge within four years — particularly one developed without Musk’s direct involvement.
High-speed freight transportation company Hyperloop One will shut down, having failed to win any contract to build a working hyperloop, Bloomberg News reported on Thursday citing people familiar with the matter
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