Elon Musk's Hyperloop# Stock
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http://money.cnn.com/2013/08/12/news/economy/hyperloop-elon-mus
Musk, a co-founder of PayPal and the man behind commercial space transport
firm Space-X and electric car maker Tesla (TSLA), has been talking about the
idea for months. He's provided few details, other than to say he won't take
an active role in the project's development and will publish the plans as
open source.
He did indicate the concept is similar to one being developed by ET3, a
Colorado-based company dedicated to "space travel on earth."
ET3's plan involves using a series of vacuum-sealed tubes to whisk
magnetically levitated transport cars around the world -- a concept similar
to the old vacuum-sealed air tubes banks used to use for drive-thru
customers to make deposits.
A video about the idea claims that in the frictionless environment, the cars
, each carrying six people, could top 4,000 miles per hour -- six times the
speed of a Boeing 757.
The tubes could be built either above ground, buried or laid under the ocean
. Because the environment is sealed, passengers would not experience any
greater g-forces than riding in an automobile.
Related: 9 questions for Elon Musk
The video claims the network could be built for one-tenth the cost of a high
-speed rail network, and a quarter of the cost of a highway.
Musk has said it was California's high-speed rail project that first
prompted him to research Hyperloop. He called California's Los Angles-to-San
Francisco high-speed rail route -- currently in the early stages of
development -- the most expensive, slowest bullet train ever built.
"Isn't there something better we can come up with?" Musk said recently at an
All things D conference.
While the idea may sound far fetched, it's theoretically possible. The
concept was a popular topic on Twitter Monday.
"Technology tough, but doable," science educator Bill Nye tweeted Monday. "
Problems are: buying the rights-of-way & perception of Big Gov't. Someday...
"
The idea itself is actually quite old. A 1972 paper from the Rand
Corporation outlined the concept, and references to vacuum-sealed transport
date back even further in popular culture.
Musk, a co-founder of PayPal and the man behind commercial space transport
firm Space-X and electric car maker Tesla (TSLA), has been talking about the
idea for months. He's provided few details, other than to say he won't take
an active role in the project's development and will publish the plans as
open source.
He did indicate the concept is similar to one being developed by ET3, a
Colorado-based company dedicated to "space travel on earth."
ET3's plan involves using a series of vacuum-sealed tubes to whisk
magnetically levitated transport cars around the world -- a concept similar
to the old vacuum-sealed air tubes banks used to use for drive-thru
customers to make deposits.
A video about the idea claims that in the frictionless environment, the cars
, each carrying six people, could top 4,000 miles per hour -- six times the
speed of a Boeing 757.
The tubes could be built either above ground, buried or laid under the ocean
. Because the environment is sealed, passengers would not experience any
greater g-forces than riding in an automobile.
Related: 9 questions for Elon Musk
The video claims the network could be built for one-tenth the cost of a high
-speed rail network, and a quarter of the cost of a highway.
Musk has said it was California's high-speed rail project that first
prompted him to research Hyperloop. He called California's Los Angles-to-San
Francisco high-speed rail route -- currently in the early stages of
development -- the most expensive, slowest bullet train ever built.
"Isn't there something better we can come up with?" Musk said recently at an
All things D conference.
While the idea may sound far fetched, it's theoretically possible. The
concept was a popular topic on Twitter Monday.
"Technology tough, but doable," science educator Bill Nye tweeted Monday. "
Problems are: buying the rights-of-way & perception of Big Gov't. Someday...
"
The idea itself is actually quite old. A 1972 paper from the Rand
Corporation outlined the concept, and references to vacuum-sealed transport
date back even further in popular culture.