DUBAI, United Arab Emirates (AP) — A network of tubes whisking passengers across a country at close to the speed of sound may seem like a sci-fi pipe dream, but in the already futuristic city of Dubai ...
(Bloomberg) -- Hyperloop One, the futuristic transportation company building tube-encased lines to zip passengers and freight from city to city at airplane-like speeds, is shutting down, according to ...
The company is selling off its assets and laying off its remaining employees at the end of the year, Bloomberg reported Thursday (Dec. 21). This news comes after Hyperloop One raised over $450 million ...
Elon Musk’s sci-fi transit system of tunnels and high-speed vehicles never got traction beyond the prototype stage. After its 2014 founding, Hyperloop pulled in $450 million in funding as investors ...