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Techy Tuesdays: Bankrupt – Bankrupt – Hyperloop One

Welcome to the Techy Tuesdays segment! Each week here on Geek Alabama, Techy Tuesdays will feature something in the world of tech, tech news, or tech reviews. Everyone loves the latest in technology, and Techy Tuesdays will talk about all tech!

In 2013, Elon Musk unveiled his concept for a “5th mode of transportation” called Hyperloop. Spawning from this idea was a lot of public excitement as well as companies racing to build one. Virgin Hyperloop One was one such company, seemingly making the most progress of any company with technological breakthroughs including the first human test. But after a decade to work and over $400 million invested, in late 2023, the company declared the equivalent of bankruptcy and shut down. Join me today to find out why.

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