Hyperloop One had once dreamed of building a high-speed freight link between Europe and China, one that could take cargo from one end to the other in a single day. That will, however, remain one of ...
The tech startup’s ambitions suffered from internal strife, regulatory hurdles and more. Bloomberg reporter Sarah McBride covered the twists and turns on its route to failure. While Marketplace’s Lily ...
Hyperloop One, the futuristic transportation company building tube-encased lines to zip passengers and freight from city to city at airplane-like speeds, is shutting down, according to people familiar ...
Bloomberg reports that SpaceX has dismantled its roughly mile-long Hyperloop test tunnel at its factory in Hawthorne, California — to make way, in an ironic rebuke of the hypothetical mass transit ...
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The startup laid off 200 employees, closed its Las Vegas headquarters, and is set to terminate remaining workers by the end of the year. Financial challenges, including high interest rates, led to the ...