Hyperloop One, Elon Musk’s Pipe Dream, Has Finally Died

Hyperloop One, a futuristic transportation startup highly touted by Elon Musk, is shuttering its airless tubes.

The company is laying off employees, selling remaining assets (which include a test track and machinery), and closing its offices, Bloomberg reports. After hiring more than 200 people in 2022, remaining workers — who are tasked with supervising the asset sale — were told their employment ends Dec. 31. All of…

Continue reading this news update.

Comments are closed