Billionaire tycoon set to unveil ‘Hyperloop’ design for low-cost, supersonic commuting
Twice as fast as an airplane, cheaper than a bullet train and completely self-powered: that’s the mysterious transportation system for which inventor and entrepreneur Elon Musk is promising to reveal design plans Monday.
Musk has been dropping hints about his “Hyperloop” system for more than a year during public events, mentioning that it could never crash, would be immune to weather and would move people from Los Angeles to San Francisco in half an hour.
Coming from almost anyone else, the hyperbole would be hard to take seriously. But billionaire Musk — who sold his first computer program, a $500 space game called Blastar, at age 12 — has earned his reputation as an inventor and entrepreneur, co-founding online payment firm PayPal, electric luxury carmaker Tesla Motors Inc. and rocket-building company SpaceX. (Photo: FOX)