Last Thursday, Tesla and SpaceX CEO Elon Musk tweeted that The Boring Company, his tunneling, and infrastructure company, got a “verbal govt approval” for his Hyperloop project, The Verge reported. The project will establish a train line that will link New York City, Philadelphia, Baltimore and Washington, D.C.
However, Musk clarified in a later tweet that the project will still need to have a formal approval but expressed optimism that the approval will happen “rapidly.” Some transportation experts showed their skepticism about the rapidity of the approval for the project, with journalist Yonah Freemark posting on Twitter the staggering amount of approvals Musk’s Hyperloop project needs.
When a Twitter user asked if Texas can also get a Hyperloop, Musk responded that the state can also get one. In the same tweet, he also said that the construction on the proposed Hyperloop project will occur in parallel to the tunnel in Los Angeles, which recently completed its first segment.
In order to understand more about Elon Musk’s Hyperloop project, here are some facts and details from Pocket-lint to expound more on the concept.
According to Pocket-lint, the Hyperloop is a combination of a magnetic levitation train and a low-pressure transit tube where tunnels and pods are utilized in moving from point to point. Musk, who released the idea in 2013, compared it to the vacuum tubes that were used in transferring paperwork from one place in the building to another.
The pods in the Hyperloop will levitate instead of using wheels to move, and this will allow the pods to reach the top speed of 700 miles per hour (mph) that Musk claimed. With such speed, this would take traveling from Manhattan to D.C. only 29 minutes, according to Musk.
The tunnels to be used in the Hyperloop will have low pressure to make the transportation system more efficient in its consumption of energy. Solar panels built above the tunnels may be used, as Musk suggested, to provide power for the Hyperloop system.
The public transportation system in North America may experience a huge shift in the near future because of the Hyperloop. This mode of transit will surely bring convenience to the commuters and travelers if things worked out for Musk’s Hyperloop project, although there will always be obstacles like the approvals and the costs required to make this idea a reality.
LODE Markets: the digital “Amazon” of Gold and Silver
The on-demand economy has made it easier than ever to acquire products and services with the click of a button....
Will the price of Bitcoin enter the bear market territory?
As paradoxical as it may sound after this week, in the weekly view, the price of Bitcoin is still in...
Bank of Africa is expanding its network of partners
Bank of Africa-BMCE Group multiplies its cooperation projects with leading economic actors. Through these partnerships, the group is strengthening its...
a2censo raised $700 million for Aoxlab, the largest campaign it has ever run
The company a2censo has recently raised $700 million for Axolab. The resources obtained in the collaborative ecosystem will allow them...
Pharma Mar’s Sylentis will conduct a trial in more than 30 hospitals in the U.S.
Sylentis is preparing for a new trial. The study has been approved by the FDA in 30 days and will...
Cannabis7 days ago
Legalization trend drives cannabis ETFs to significantly grow
Best of Born2Invest4 days ago
Silver Supply Shortage: What Investors Need to Know
Crowdfunding6 days ago
Before investing in crowdfunding, be aware of the structure surrounding the platforms
Crowdfunding3 days ago
Mazzanti manufacturer launches a STO after three equity crowdfunding campaigns