A rail line is time-tested technology and a lot cheaper to build and operate. Considering that this is to be a total private sector operation, if it turns out to be a scam, then Fortress Capital will lose its shirt.
The only way this is built is with massive subsidies. Having chatted extensively with the Maglev engineers, the point they made is Desert XPress can’t make it over the grade. I’m not for Maglev either. There is no compelling evidence people would actually use this.