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Colorado Company Says It Plans To Test Hyperloop Transport System
Freshly Exhumed writes "Elon Musk's dream of a hyperloop transport system seems to be closer to reality than he anticipated. Hyperloop transportation, referred to by Musk as a "cross between a Concorde, a railgun, and an air hockey table", is a tubular pneumatic transport system with the theoretical capability of carrying passengers from New York to L.A. in about 30 minutes at velocities near 4,000 miles per hour, while maintaining a near-continuous G force of 1. Colorado-based company ET3 is planning to build and test its own version of such a hyperloop system, Yahoo reports." A more critical article would point out that the numbers presented seem absurdly optimistic; $100 for a 4,000mph cross country trip may be "projected," but construction of a cross-country train tube is a long way off, and so are ticket sales.
He's got a lot of stupid ideas: A new transportation system that would cost billions to build, would be completely uneconomical for patrons to use, and has a high risk of death with even the slightest malfunction at 4,000 MPH. An electric car which costs nearly $100,000 and is likely to lack the necessary infrastructure to use over long distances for years, if ever. A money transfer system which acts like a bank, but whose customers have no FDIC protections, but lots of horror stories. A private space agency which couldn't make it without government subsidies and assistance. YEAH, he's the NEW Steve Jobs all right!