Uploaded May 2016 | Updated September 2026, 1 hour ago
Source: money.cnn.com/2016/05/11/technology/hyperloop-test-run
First proposed by Elon Musk in 2013, the Hyperloop envisions sending passengers on levitating pods through partially pressurized tubes at more than 700 miles per hour. Musk open-sourced the idea and now a number of startups are competing to make the technology their own.
Hyperloop One was cofounded in 2014 by BamBrogan, a former SpaceX propulsion engineer, and venture capitalist Shervin Pishevar. The company recently raised $80 million in funding and has more than 150 employees. It changed its name from Hyperloop Technologies this week to avoid confusion with the next closest competitor, Hyperloop Transportation Technologies.
Based in Los Angeles, the company started building its test track on a patch of desert 30 minutes north of the Las Vegas Strip just six months ago. On Wednesday, it bussed in reporters, employees, partners and family members to watch the blink-and-you-missed-it test run from a grandstand.
Source: money.cnn.com/2016/05/11/technology/hyperloop-test-run
First proposed by Elon Musk in 2013, the Hyperloop envisions sending passengers on levitating pods through partially pressurized tubes at more than 700 miles per hour. Musk open-sourced the idea and now a number of startups are competing to make the technology their own.
Hyperloop One was cofounded in 2014 by BamBrogan, a former SpaceX propulsion engineer, and venture capitalist Shervin Pishevar. The company recently raised $80 million in funding and has more than 150 employees. It changed its name from Hyperloop Technologies this week to avoid confusion with the next closest competitor, Hyperloop Transportation Technologies.
Based in Los Angeles, the company started building its test track on a patch of desert 30 minutes north of the Las Vegas Strip just six months ago. On Wednesday, it bussed in reporters, employees, partners and family members to watch the blink-and-you-missed-it test run from a grandstand.
