Richard Branson & Virgin Have Invested in Hyperloop One

Richard Branson has high hopes for his latest investment.

Tech
3,562 Hypes 0 Comments

A few months after the first successful test run from Hyperloop One, the forward-thinking company — which was first made popular by Elon Musk back in 2013 —  has received a major makeover courtesy of a high-profile new investor.

Virgin Group founder and world-renowned billionaire Richard Branson has invested in Hyperloop One and joined its board of directors, leading to the arrival of the newly-christened “Virgin Hyperloop One.”

“As a train owner, I felt this is something that I want to be able to operate,” Branson shares with CBNC. “At the moment our trains are limited to 125 miles an hour… There are consumers, for instance, that would love to go from London to Edinburgh in roughly 45 minutes. And that will be possible [with hyperloop].”

Branson breaks down the simplicity of the process, sharing high hopes for realizing the potential of his new investment. “You can have a pod outside your office that you and your colleagues can jump into. The pod can self-drive to the top of the tunnel. It then goes down the tunnel. It connects up and off you go at 600, 700 miles an hour up to your destination, going faster than an airline.”

At present time, Virgin Hyperloop One is estimated to have a value of around $700 million USD — Branson has yet to reveal the dollar amount attached to his own investment.

Read Full Article

What to Read Next

U.S. Investigates Virgin Galactic After Richard Branson Spaceflight Mishap
Tech 

U.S. Investigates Virgin Galactic After Richard Branson Spaceflight Mishap

The July 11 mission could have resulted in disaster.

Virgin Galactic Completes First Fully-Crewed Spaceflight With Richard Branson on Board
Tech 

Virgin Galactic Completes First Fully-Crewed Spaceflight With Richard Branson on Board

“We are at the vanguard of a new space age,” said Branson.

Elon Musk Bought a Ticket To Fly Aboard Richard Branson’s Virgin Galactic Spacecraft
Tech

Elon Musk Bought a Ticket To Fly Aboard Richard Branson’s Virgin Galactic Spacecraft

Some friendly competition?


Here's Why Richard Branson's Flight to Space Was Almost a Disaster
Tech

Here's Why Richard Branson's Flight to Space Was Almost a Disaster

Moments before take-off, there was a caution sign warning of potential imminent danger.

Nike's Air Laceless VaporMax Drops This December
Footwear

Nike's Air Laceless VaporMax Drops This December

One of the year’s most hyped items.

NIGO Adds Japanese Flair to the IQOS Vaporizer
Design

NIGO Adds Japanese Flair to the IQOS Vaporizer

Minimal wares updated with NIGO’s sensibilities.

A$AP Rocky Reunites With GUESS For a Brand New Capsule
Fashion

A$AP Rocky Reunites With GUESS For a Brand New Capsule

Flacko and GUESS link back up.

McLaren Produces Matching MSO R Coupe & Spider Models
Automotive

McLaren Produces Matching MSO R Coupe & Spider Models

Another McLaren Special Operations production.

adidas Consortium A//D Sneakers Receive New Colorways
Footwear

adidas Consortium A//D Sneakers Receive New Colorways

New shades for the high-tech runners.


21 Savage Shares Powerful Message on Racism With "Nothin New" Music Video
Music

21 Savage Shares Powerful Message on Racism With "Nothin New" Music Video

Produced by Metro Boomin and Zaytoven.

Nike's Air Foamposite Pro Returns In "Metallic Gold"
Footwear

Nike's Air Foamposite Pro Returns In "Metallic Gold"

Go for gold.

Supreme's Fall/Winter 2017 Collection Stars in 'POPEYE' Magazine's Latest Editorial
Fashion

Supreme's Fall/Winter 2017 Collection Stars in 'POPEYE' Magazine's Latest Editorial

Shot on the streets of Paris.

Spike Lee's New 'She's Gotta Have It' Trailer Introduces Nola Darling
Entertainment

Spike Lee's New 'She's Gotta Have It' Trailer Introduces Nola Darling

A Netflix joint.

Gucci Mane & Ty Dolla $ign Unite for "Enormous" Single
Music

Gucci Mane & Ty Dolla $ign Unite for "Enormous" Single

24 hours away from the arrival of ‘Mr. Davis.’

More ▾
 
Subscribe to our Newsletter

Gain access to exclusive interviews with industry creatives, think pieces, trend forecasts, guides and more.

By subscribing, you agree to our Terms of Use and Privacy Policy.

Adblock Detected.

We charge advertisers instead of our readers. If you enjoy our content, please add us to your adblocker's whitelist. We'd really appreciated it.