#transportation

Hyperloop Technologies Shuts Down After Failing to Achieve Commercial Viability

4 min read

The concept of the hyperloop - ultra high-speed transportation via pods or capsules travelling in near-vacuum tubes - originated in 2013 with a white paper by Elon Musk. This sci-fi-esque idea quickly captured the public imagination and spurred several startups to attempt to turn the Hyperloop into reality....