SF to LA in 30 minutes? Is he kidding?
Entrepreneur Elon Musk, the man behind Tesla Motors and SpaceX, says he'll unveil his revolutionary Hyperloop transportation system next month.
You probably wouldn't consider Elon Musk (pictured) as having a boring, predictable mind. The founder of the commercial space exploration venture SpaceX also founded Paypal, now owned by eBay (EBAY).
Bloomberg reminds us he's chairman of SolarCity (SCTY), a rooftop power producer whose value has increased over fourfold this year. Musk is also CEO of groundbreaking electric vehicle company Tesla Motors (TSLA).
So it's not surprising that the technology and business sectors are buzzing with gossip about Musk's plans to unveil a new mode of public transportation next month -- something he calls Hyperloop.
For his part, Musk is being coy about his latest pet project -- describing it in a recent interview as a crash-proof and weatherproof "cross between a Concorde, a railgun and an air hockey table." Hyperloop, he says, will be able to move people across the 350 or so miles between downtown Los Angeles and San Francisco in a half-hour.
The speculation amongst the nerd class as to exactly what Hyperloop might be is rampant.
Science writer and research and development specialist Brian Dodson, who also has a doctorate in physics, recently suggested at Gizmag that Hyperloop could be a pneumatic transport system where "people ride in capsules that travel within the tube at around 1,000 km/h (620 mph), but the air in the tube also moves at that speed, so the capsules move with very little air drag."
The concept could make air travel obsolete, proclaims Hot Hardware's Paul Lilly. "Not only that, but tubes could be built underwater for international travel," he added. "Assuming it proves safe -- really, would you want to experience a crash at 4,000 mph? -- Hyperloop systems could be the way future generations travel."
Musk tweeted Monday that he will publish an early Hyperloop design by Aug. 12 -- and asked for feedback on his work.
CNet, meanwhile, reports Musk doesn't plan to pursue a patent on Hyperloop, and will publish his information as an open source project.
Stay tuned: Aug. 12 could be very, very interesting.
California will still spend $100 Billion putting in the bullet train between LA (sort of, Bakersfield) and SF (sort of, San Jose) that will take 3 hours.
Thanks Jerry Brown
Nevada is still crawling out of this depression (not recession). How about hyperlooping from L.A. to Las Vegas? We need the money.
Fakju, they said the air would be moving the same speed, so there would be NO air drag. Sounds like a vacuum to me, Get it?
Copyright © 2014 Microsoft. All rights reserved.
Fundamental company data and historical chart data provided by Morningstar Inc. Real-time index quotes and delayed quotes supplied by Morningstar Inc. Quotes delayed by up to 15 minutes, except where indicated otherwise. Fund summary, fund performance and dividend data provided by Morningstar Inc. Analyst recommendations provided by Zacks Investment Research. StockScouter data provided by Verus Analytics. IPO data provided by Hoover's Inc. Index membership data provided by Morningstar Inc.
[BRIEFING.COM] The stock market punctuated July with a broad-based retreat that sent the S&P 500 lower by 2.0% with all ten sectors ending in the red. The benchmark index posted a monthly decline of 1.5%, while the Russell 2000 (-2.3%) underperformed to end the month lower by 6.1%.
To get a better feel for what led to today's retreat, we'd like to look back to Wednesday, when the market had ample reason to rally, but did not. Instead, it ended basically flat after a sloppy day of ... More
More Market News
Investors are anxious to see if hiring can maintain its strong pace in the second half of the year.
MUST-SEE ON MSN
- Video: Easy DIY smoked meats at home
A charcuterie master shares his process for cold-smoking meat at home.
- Jetpacks about to go mainstream
- Weird things covered by home insurance
- Bing: 70 percent of adults report 'digital eye strain'