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Hyperloop moves closer to becoming reality
CNBC ^ | February 26, 2015 | Phil LeBeau

Posted on 02/26/2015 11:26:09 AM PST by Mellonkronos

[It would really be great if private entrepreneurs could develop this system! Musk is an innovator. Check out the videos in the article.]

“Hyperloop moves closer to becoming reality.” Phil LeBeau@Lebeaucarnews

(Hyperloop Transportation Technologies,Inc., says Elon Musk’s vision for the new transportation system is beginning to take hold. CNBC’s Phil LeBeau reports, and talks to Ahlborn about the 5-mile stretch to be tested in the next few years.)

The Hyperloop, just an idea in the mind of Elon Musk two years ago, is moving closer to becoming reality.

Hyperloop Transportation Technologies has signed an agreement with a developer in central California to build a five mile Hyperloop line in an area along Interstate 5.

"This is a phased process. We've done feasibility studies and now we will be able test all aspects of the Hyperloop," said Ahlborn.

The Hyperloop is the idea of Tesla Motors and Space Exploration Technologies founder Musk, who outlined a vision for transporting people at high speeds in a capsules that will be pushed through a series of tubes stretching over thousands of miles.

"This is big step," said Dirk Ahlborn, CEO of the JumpStartFund, which created Hyperloop Transportation Technologies last year. "It's time to take the Hyperloop from concept and design and build the first one."

The deal signed with developers of Quay Valley in central California calls for construction to start next year and be completed by 2019. Ahlborn estimates the five mile Hyperloop will cost about $100 million to build.

After announcing his idea, Musk said he would not fund or actively work on any projects to build the Hyperloop. Musk has since announced plans to build a Hyperloop test track in Texas.

How will Hyperloop Transportation Technologies pay for the initial stretch?

Much of the funding will come from an IPO…

(Excerpt) Read more at cnbc.com ...


TOPICS: Business/Economy; Science; Society
KEYWORDS: elonmusk; hyperloop; technology; transportation
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1 posted on 02/26/2015 11:26:09 AM PST by Mellonkronos
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To: Mellonkronos

LOL


2 posted on 02/26/2015 11:27:29 AM PST by cripplecreek ("For by wise guidance you can wage your war")
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To: Mellonkronos

Did Hot Wheels toy cars come with a Hyperloop ?


3 posted on 02/26/2015 11:32:05 AM PST by molson209 (Blank)
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To: Mellonkronos

I have a feeling this will end up like the Moller Skycar. I’m still waiting for that...


4 posted on 02/26/2015 11:34:54 AM PST by bolobaby
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To: molson209

Oh wait those things you see in old movies ,that tube that gets sucked up the pipe


5 posted on 02/26/2015 11:34:54 AM PST by molson209 (Blank)
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To: molson209
I'm thinking more like the "Monorail" episode of the Simpson's;

Y'know, a town with money is like a mule with a spinning wheel. No one knows how he got it and danged if he knows how to use it!

6 posted on 02/26/2015 11:39:29 AM PST by NativeSon ( Grease the floor with Crisco when I dance the Disco)
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To: Mellonkronos

This sounds cool. I could pop into my own capsule and be jettisoned to anotehr destination at some incredible speed? How fast?


7 posted on 02/26/2015 11:43:10 AM PST by Tenacious 1 (POPOF. President Of Pants On Fire.)
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To: Mellonkronos

People used to ridicule those who tried to make possible aircraft and spaceflight. Now we take them for granted.

Other bits of mockery from the past 100 years:

* One telephone line in an office is enough, who’d ever need a phone on every desk?

* Only managers need to use email. If everyone has email they’ll just spend their whole day writing to friends.

* Who’d ever need more than 1MB of storage on a computer?

* No one will ever break the sound barrier.

* A bridge across the Golden Gate is a pipe dream.

And etc.

Maybe this idea will never come to fruition. Maybe it will replace regional air travel and obviate the push for high speed rail. In any case, the mockery of an entrepreneur who’s paying out of his own pocket to develop a technology he’s giving away to anyone who wants it is misplaced.

Oh, and in before the near-mandatory post of ‘boondoggle’.


8 posted on 02/26/2015 11:50:30 AM PST by MeganC (You can ignore reality, but reality won't ignore you.)
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To: molson209
Oh wait those things you see in old movies ,that tube that gets sucked up the pipe

Costco uses them every day.

9 posted on 02/26/2015 11:51:18 AM PST by MeganC (You can ignore reality, but reality won't ignore you.)
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To: MeganC

The drive up window at my bank has been “hyper looping” my cash to me for years.


10 posted on 02/26/2015 11:54:16 AM PST by technically right
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To: technically right

I’ve never seen that at a bank! That makes sense because who can rob a plastic tube? It’s the same reason Costco uses the system to do cash pick ups from their registers; the door to the secure area doesn’t have to be opened and closed each time someone has to have cash taken from their register.


11 posted on 02/26/2015 11:58:56 AM PST by MeganC (You can ignore reality, but reality won't ignore you.)
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To: Mellonkronos

So pneumatic tubes for people... wow, I’m glad this genius was around to think of this very very old idea... don’t think there is a 3 year old alive who’s seen a pneumatic tube system who hasn’t thought about wanting to be able to ride in them.


12 posted on 02/26/2015 11:59:08 AM PST by HamiltonJay
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To: Mellonkronos

Musk is an innovator?
More like a government subsidy leach.


13 posted on 02/26/2015 12:01:43 PM PST by DaxtonBrown (http://www.futurnamics.com/reid.php)
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To: Tenacious 1

http://en.wikipedia.org/wiki/Hyperloop

The Hyperloop is a conceptual high-speed transportation system put forward by entrepreneur Elon Musk,[1][2] incorporating reduced-pressure tubes in which pressurized capsules ride on a cushion of air that is driven by a combination of linear induction motors and air compressors.[3]

The conceptual route runs from the Los Angeles region to the San Francisco Bay Area, paralleling the Interstate 5 corridor for most of its length, with an expected journey time of 35 minutes, meaning that passengers would traverse the 354-mile (570 km) route at an average speed of around 598 mph (962 km/h), with a top speed of 760 mph (1,220 km/h).


14 posted on 02/26/2015 12:13:21 PM PST by Jack Hydrazine (Pubbies = national collectivists; Dems = international collectivists; We need a second party!)
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To: Jack Hydrazine
The conceptual route runs from the Los Angeles region to the San Francisco Bay Area, paralleling the Interstate 5 corridor for most of its length, with an expected journey time of 35 minutes, meaning that passengers would traverse the 354-mile (570 km) route at an average speed of around 598 mph (962 km/h), with a top speed of 760 mph (1,220 km/h).

EXTRAORDINARY! The sound barrier is at 768 MPH +/- depending on altitude. This would be fun if it were privatley funded and managed. But I am sure my tax dollars will somehow be used to vett this and eventually be wasted. California can't do this. It needs to be tried in some other country first. Innovation in America is expensive and all but dead.

15 posted on 02/26/2015 12:30:07 PM PST by Tenacious 1 (POPOF. President Of Pants On Fire.)
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To: Mellonkronos
The Internet is a Series of Tubes
16 posted on 02/26/2015 1:21:57 PM PST by grey_whiskers (The opinions are solely those of the author and are subject to change without notice.)
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To: Mellonkronos

Maybe they'll put a station near Madison Cube Garden.

17 posted on 02/26/2015 1:25:03 PM PST by Charles Martel (Endeavor to persevere...)
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To: Tenacious 1

Innovation is certainly under attack in this country but not dead yet. Musk’s Tesla’s benefit from tax breaks but for most people paying $70K-plus for a car, the small break is usually not a deciding factor.

SpaceX now sells launches to NASA, which is better than NASA flying its own rockets, and Musk’s rockets are innovative and less costly than NASA’s. The hope is SpaceX can live without NASA by selling launches.

And the hyperloop is innovative though whether it can be done without gov money, who knows? I bet that without government regulations it would have a better change.

Republicans, libertarians, and conservatives should reach out to people like Musk, though Musk is pretty liberal, to should them that they have more to gain from free markets than from Obama control freaks.


18 posted on 02/26/2015 9:45:47 PM PST by Mellonkronos
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To: MeganC

Or my favorite....”Guitar bands are on the way out.” - Decca music executive on why he declined to sign The Beatles.


19 posted on 02/26/2015 9:48:08 PM PST by dfwgator
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To: MeganC

They said that it could not be done,
He said, “Just let me try.”
They said, “Other men have tried and failed,”
He answered, “But not I.”
They said, “It is impossible,”
He said, “There’s no such word.”
He closed his mind, he closed his heart...
To everything he heard.

He said, “Within the heart of man,
There is a tiny seed.
It grows until it blossoms,
It’s called the ‘Will to Succeed’.
Its’ roots are strength, its’ stem is hope,
Its’ petals inspiration,
Its’ thorns protect its’ strong green leaves,
With grim determination.

Its’ stamens are its skills
Which help to shape each plan,
For there’s nothing in the universe
Beyond the scope of man.”
They thought that it could not be done,
Some even said they knew it,
But he faced up to what could not be done...

...AND HE COULDN’T BLOODY DO IT!

-Benny Hill


20 posted on 02/26/2015 9:52:52 PM PST by dfwgator
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