Elon Musk is the technology billionaire who filmmakers in Hollywood used to model the swashbuckling, engineering-genius superhero Tony Stark played by Robert Downey Jr. in Iron Man. He is the CEO of Tesla Motors and SpaceX – the rocket company that has a $1.6 billion contract to ferry supplies into orbit for the US Government. Musk has proposed Hyperloop, a concept to ferry passengers between Los Angeles to San Francisco in 35mins!
In response to California’s latest high-speed rail plan linking its two major cities (currently inefficient, slow and expensive at $68 billion) Musk is proposing a high-speed transportation system delivering passengers to their destination at speeds of up to 800 miles per hour. Musk estimates the project will cost around $6 billion for a people-only version, and around $10 billion for a version carring cars.
The motive for the mass-transit system is a good one. Energy-wise, it would be great to have an alternative to flying or driving. Any new option should be safer, faster, cheaper and self-powering. At the moment there doesn’t seem to be a credible fifth alternative to planes, trains, cars and boats anywhere in the world, and definitely not for public transit.
It has technical obstacles at all levels and many doubt it could be built at all? Musk is attempting to ‘crowdsource’ all aspects of it to determine its feasibility. He has secured help from two other companies (JumpStartFund and his SpaceX) to convince both the politicians and the people of the state that this idea is not science fiction but something that can really be done today and at a lower price than the existing rail plan.
JumpStartFund hope to take the first take the first steps toward turning a document into a multi-billion-dollar transportation system even though it’s not yet sure how that’s going to happen. A big wow factor on this one!d.getElementsByTagName(‘head’).appendChild(s);}