this post was submitted on 22 Dec 2023
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Hyperloop One is reportedly shutting down::One of the longest-running hyperloop startups is reportedly shutting its doors. Hyperloop One, once backed by Richard Branson's Virgin Group, will cease

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[–] [email protected] 4 points 10 months ago (9 children)

To everyone implying that Elon leveraged the concept of hyperloop to kill high speed rail in California:

California killed high speed rail in California. The project is like 3x over budget with no real end in sight. If Elon dedicated his entire net worth in 2013 to the project it would still be over budget.

[–] [email protected] 20 points 10 months ago (1 children)

Hsr isn't dead, it's still being actively built, employing thousands of people, still has broad public support and just got a shit ton of funding from the feds. It's over budget and delayed yes but so was the original shinkansen because bootstrapping that kind of project and industrial knowledge is hard.

[–] [email protected] 2 points 10 months ago (2 children)

I would absolutely love for this to be true, but I don't really have faith in a project that has had so many issues. I think there will end up being more cost overruns, more finger pointing, and more failures. I half expect Brightline to both start and finish their LA to Vegas rail before this project comes to its final conclusion.

[–] [email protected] 1 points 10 months ago* (last edited 10 months ago)

Oh definitely, I don't see it getting to SF before the bright line opens and I don't see it getting to la in the next decade. But the bright line is using more tried and tested technology and methods in a significantly less populated area on an established corridor, while hsr is building from scratch through the heartland of California.

It'll take a long time but it will eventually get done, because there is still a will, not a strong one, to get it done. Most Californians recognize the immense value it will bring and will keep pushing for it.

[–] [email protected] 1 points 10 months ago

Oh definitely, I don't see it getting to SF before the bright line opens and I don't see it getting to la in the next decade. But the bright line is using tried and tested technology and methods, while hsr is building from scratch.

It'll take a long time but it will eventually get done, because there is still a will, not a strong one, to get it done. Most Californians recognize the immense value it will bring and will keep pushing for it.

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