I think we’re going to have to accept the fact the the sole real talent of billionaires is for grifting. Case in point: Elon Musk’s Hyperloop, which just had a “successful” test. You’d think someone would notice the word “HYPE” in the name.
Shocking news! In an incredible breakthrough for American mass-transit engineering, the transportation technology company Virgin Hyperloop this past weekend successfully moved two people 500 meters across the barren Las Vegas desert at a top speed of just over 100 mph, setting a new world record for the absolute most pitiful thing anyone not named “Elon Musk” has ever tried to pass off as “high-speed rail.”
Now watch an executive try very hard to inflate the stock price with unbelievable predictions.
You know what I’d like? A restoration of regular train service at a reasonable price. We had trains running on a routine schedule between Morris and the Twin Cities in the 1960s! I guess the rails have degraded so much that they’re no longer compatible with passenger service anymore, but if we can’t get simple maintenance of existing rail infrastructure, what makes these Muskians think we can get state and municipal support for his pie-in-the-sky, mostly nonfunctional and useless Hypeloop shell game? Even if we had connections between major urban centers, where’s the rest of the transportation support?
I hope the stock price of all of the companies associated with that clowning fraud Musk collapse.