The company is selling assets, laying off remaining employees.

Apparently all Musk wanted to do with this was undercut any attempts at high speed rail in California.

    • SoyViking [he/him]@hexbear.netEnglish
      3·
      2 years ago

      I came up with the idea for the hyperloop when I was 12. At no point did I delude myself into thinking it was anything but a goofy sci-fi technology that would remain completely unviable for a very long time.

    • neocamel@lemmy.studio
      28·
      2 years ago

      smartphones, space travel, organ transplants, & instant global communication have entered the chat.

      • Sodium_nitride
        181·
        2 years ago

        1. Smartphones were not invented in one go. They were the result of decades of advancement in computer technology. Each step along the way was useful for something.

        2. Space travel was funded by the space race, something into which the 2 world industrial powers put a substantial chuck of their economy into. It was also done for a military benefit and again, was done in multiple steps. Hyperloop, despite being a harder thing to create, was funded by a few private capitals.

        3. Organ transplants aren’t infrastructure. They aren’t even remotely comparable to hyperloop.

        4. “Instant” global communication has been possible for a very long time. The first transatlantic cable was laid down in 1858. The only thing different today is the number and speed of cables.