Hyperloop One will finally disappear before the end of the year

For a decade, the Hyperloop has been promised to enable high-speed transportation between cities, at speeds even higher than electromagnetic trains, or Maglev. It all started as an idea from Elon Musk, to add a vacuum tube to the existing Maglevs, to further increase their speed. This phenomenon was covered by Youtuber Adam Something, recapitulating that there is only one Maglev model in the world, assigned to the airport of Shanghai; and that Hyperloop achieves an improvement in speed but also a notable increase in the price of construction and maintenance.
And when it comes to transportation, whether private or public; It depends on whether people want to use it and whether it is efficient. When Elon Musk released the idea of Hyperloop so that any company could make it a reality, many companies signed up to do it. But none have one actually made currently, and today it was announced that Hyperloop One, one of the largest brands, will not arrive at the end of 2023.
One of the largest Hyperloop firms closes
Hyperloop One is currently preparing to close, according to Bloomberg. It is currently selling its assets, closing its offices and laying off employees, with plans to close before the end of the year. Since their founding in 2014, they have raised around $450 million in venture capital funding and other investments, but have failed to develop a feasible Hyperloop sample.

Elon Musk Theorized that aerodynamic aluminum capsules filled with passengers or cargo could be propelled through a nearly airless tube. at speeds up to 1200 km/h. The tubes could be built within cities or between them. He proposed the idea of a trip between Los Angeles a San Francisco in just 30 minutes. That is about 620 kilometers, which in a car at an average of 120 kilometers per hour on the highway would be about five hours and 15 minutes, while an AVE at 220 kilometers per hour does not reach three hours. The idea existed, but people needed to be sold on building such a long vacuum tunnel to save two and a half hours of transportation, and for enough people to use it to be useful and profitable.
Throughout the history of Hyperloop One, they built a test track in Nevada to verify the safety and viability of the technology. In 2020, they carried out their only test with human passengers, where They only reached a maximum speed of 160 kilometers per hour. We remember that the AVE of Spain It reaches 220. Thus, Hyperloop One ends its journey without having even come close to testing in which it would reach the promised speed, much less having built it.



