Elon Musk's 700 mph hyperloop tech hasn't become reality. But companies aren't giving up

There has been so much hype, with several firms years ago saying that we would have a mass-scale

. That just hasn't happened. Many believe the hyperloop concept will eventually challenge other forms of transportation, including airplanes, by moving people and cargo through tubes at speeds of around to 700 miles per hour."I've been working on this for seven years now, we wouldn't be doing it if we don't believe in it. I mean, I think a lot of the hype, when it came out was really optimistic, like, in two years, in three years, I don't know.

At the IAA auto show in Munich this month, TUM Hyperloop showed off the pod that passengers would sit in. The company has built a tube about 24 meters in length. While this is a short distance, TUM Hyperloop is trying to test the systems work before continuing to build a long track. Semino said he expects that by the end of this decade the technology will be ready. This would mean short tracks with the hyperloop operating at full speed and transporting passengers. By the end of the next decade, hyperloop technology will have longer tracks built through continents, Semino said.

Hyperloop Transportation Technologies and Elon Musk's Boring Company are also exploring the technology.

Source: News Formal (newsformal.com)

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