Elon Musk is nothing if not ambitious.
The billionaire tech entrepreneur who co-founded PayPal in 1998 and sits at the forefront of a whole bevvy of industries as the CEO of both electric car manufacturer Tesla and private space flight company SpaceX now claims to be in the early stages of another breakthrough–this time in the world of mass transit.
In a recent interview with Bloomberg Businessweek, Musk–who director Jon Favreau has said was the inspiration for his take on Iron Man industrialist Tony Stark–talked a little about his newest project:
On the assumption that people will be living on earth for some time, Musk is cooking up plans for something he calls the Hyperloop. He won’t share specifics but says it’s some sort of tube capable of taking someone from downtown San Francisco to Los Angeles in 30 minutes. He calls it a “fifth mode of transportation”–the previous four being train, plane, automobile, and boat. “What you want is something that never crashes, that’s at least twice as fast as a plane, that’s solar powered and that leaves right when you arrive, so there is no waiting for a specific departure time,” Musk says. His friends claim he’s had a Hyperloop technological breakthrough over the summer. “I’d like to talk to the governor and president about it,” Musk continues. “Because the $60 billion bullet train they’re proposing in California would be the slowest bullet train in the world at the highest cost per mile. They’re going for records in all the wrong ways.” The cost of the SF-LA Hyperloop would be in the $6 billion range, he says.
via Huffington Post – Aaron Sankin
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