Elon Musk’s renewed interest in hyperloop casts shadow over competitors - News Summed Up

Elon Musk’s renewed interest in hyperloop casts shadow over competitors


Photo: ReutersSan Francisco: Elon Musk introduced his vision for a futuristic mode of tube-based transportation called the hyperloop in 2013. Publicly, the three main hyperloop start-ups greeted Musk’s involvement with optimism, while also trying to demonstrate progress in their own projects. Ahlborn is complimentary toward Musk: “He’s supporting the community.”Both Hyperloop Transportation Technologies and Hyperloop One filed trademark applications for the term “Hyperloop” in 2015. Musk followed up in a tweet, saying he’s “not trying to build Hyperloop itself” and noted that other companies were working on it. SpaceX was granted registration for the Hyperloop trademark in April.


Source: Mint August 04, 2017 15:25 UTC



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