Never let it be said that Elon Musk, a serial entrepreneur who was a co-founder of PayPal and the electric car company Tesla Motors, is afraid to think big.
Mr. Musk on Monday harked back to the days of the late-1990s tech bubble — when no idea seemed too big or too expensive — by showing off plans for a project that seems the stuff of science fiction.
The first unanswered question among many for Mr. Musk’s ambitious vision is who exactly would build this 400-mile transportation system. Mr. Musk suggested someone else should do it. But if no one takes the baton, he might do it. Or not.
Beyond that, the details of who would pay for Hyperloop, how it would be built and how long it would take are also unclear. But Mr. Musk theorized that if he devoted all of his energy, he could have a prototype done within one to two years. He estimated the project would cost around $6 billion and tickets would cost $20 per trip.
“It doesn’t seem plausible to me,” said Richard White, a professor of American history at Stanford and author of “Railroaded: The Transcontinentals and the Making of Modern America.” “I’m suspicious about everything, especially cost.”
Mr. White added, “How’s he going to build this thing for $6 billion? You can’t even build the Bay Bridge for that much money.” The still-unfinished renovations of the Bay Bridge connecting San Francisco and Oakland are expected to cost $6.3 billion.
So don’t pack your bags just yet. In an interview with Bloomberg Businessweek on Monday, Mr. Musk said he regretted mentioning the Hyperloop last year, saying that he has no time to work on the project and instead has to run SpaceX and Tesla Motors, his two other companies.
Mr. Musk first mentioned Hyperloop last summer and detailed it further in an interview with Bloomberg Businessweek. In July, he announced on Twitter that he would unveil the designs for the high-speed train on Aug. 12. As promised, a 57-page “alpha design” plan was posted online Monday that explained how such a train would work.
The Latest on: Hyperloop
This alliance of regional CEOs wants a discussion of hyperloop — but wants to fix Metro first
on March 15, 2018 at 11:58 am
The Greater Washington Partnership is interested in hearing and exploring the innovative and often odd transportation ideas from billionaire Elon Musk of Tesla and SpaceX fame, including the super-fast underground tube system known as hyperloop, but it's ... […]
New report: India's hyperloop market – future looks promising in the superfast lane with rising impressive business opportunities analysis
on March 14, 2018 at 5:07 pm
Hyperloop is considered as the fifth mode of transportation. It is also referred as a revolutionary train service that envisages the loading of passengers and cargo into a pod and accelerate gradually by electric propulsion through a low pressure tube. […]
Elon Musk's Hyperloop, SSTs, Unpiloted Planes: 90% Unready For The Future of Travel
on March 13, 2018 at 7:09 am
Are you ready for the future of travel? If you’re like 90% of the 6,000 travelers surveyed by 28 million-member travel deal website Travelzoo, odds are that you’re not. That’s particularly true when it comes to autonomous travel, such as driverless ... […]
Elon Musk is making a big change to his Hyperloop and Boring Company plans
on March 12, 2018 at 9:27 am
Elon Musk's proposed, high-speed transit systems, Loop and Hyperloop, are designed to decrease traffic congestion and give public transit users a faster option than traditional train or bus systems. According to a Twitter thread Musk wrote on Friday, the ... […]
Elon Musk's hyperloop dream may come true — and soon
on March 11, 2018 at 1:40 am
Elon Musk first described his idea for a futuristic transportation system that would send passenger pods through tubes at speeds of hundreds of miles an hour back in 2013. At the time, the idea of actually building and operating a so-called “hyperloop ... […]
Dreaming of Hyperloop
on March 9, 2018 at 11:18 pm
The two are Elon Musk and Richard Branson. Their companies, SpaceX and Hyperloop One. Their history: separate, yet intertwined. HOW IT CAME TO BE The whole modern hyperloop idea belongs to one guy: Elon Musk. Having toyed with the thought of the Hyperloop ... […]
Hyperloop executive doubles down at NOACA meeting on 3-to-5 year estimate for construction
on March 9, 2018 at 1:12 pm
CLEVELAND, Ohio - A top executive of the company that wants to build a high-speed hyperloop connection from Cleveland to Chicago doubled down Friday on his assertion that the line could be built in three to five years. But he also reiterated the caveat ... […]
As Ohio Looks at a Hyperloop Route, Critics Take Aim at the Tech
on March 6, 2018 at 10:41 am
(TNS) — CLEVELAND, Ohio — Is hyperloop being hyped in Ohio? Some readers and journalists voiced skepticism about the as-yet unproven high-speed transportation technology after California-based Hyperloop Transportation Technologies and the Northeast ... […]
Michigan Asked to Fund Hyperloop Feasibility Study for Chicago-Toledo Route
on March 4, 2018 at 5:38 pm
The slow march toward ultra-fast transit might be speeding up. A public records request has revealed the startup Hyperloop Transportation Technologies has asked the Michigan Department of Transportation to fund a feasibility study for the state’s portion ... […]
Is it time to take the Hyperloop seriously?
on March 4, 2018 at 5:00 am
Imagine traveling the length of the United Kingdom—from London to Edinburgh, 400-plus miles—in under an hour. A journey from Los Angeles to San Francisco would take less than 30 minutes (five hours less than the average drive between the two cities). […]
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