Hexbyte Tech News Wired
Wouldn’t it be really, really nice to get places really, really fast? That’s the promise of the hyperloop, a transportation idea popularized in the 21st century by none other than its Chief Engineer/Magician/Dreamer, Elon Musk. Five years after Musk wrote a white paper on the concept of a maglev train inside a frictionless, air-free tube, hyperloop has become a sort of legitimate business. Four companies with more than $300 million in funding are competing to build the first real one. And yet: For all its promise, all its sheer coolness, a tube that might transport people or goods 350 miles at speeds up to 750 mph still isn’t a thing yet.
Today, though, the idea gets an injection of street cred, with Virgin Hyperloop One’s announcement that it has hired Jay Walder as CEO. Walder will replace Rob Lloyd, who headed up the hyperloop company for three years.