Elon Musk’s ultra-high-speed hyperloop will cost just $1 to ride

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Elon Musk is sick of Los Angeles traffic.

The Boring Company, Tesla and SpaceX CEO said he was late to his own tunnel company’s information session at a synagogue in Los Angeles on Thursday night because of traffic on a major freeway. He called the congested highway “the seventh or eighth level” of hell.

To tackle “soul-destroying traffic” plaguing most major U.S. cities, Musk said, “There’s a few ways to skin this cat.” Instead of building more roads and highways or heading into the sky, as Uber envisions with its flying cars, Musk wants to go below ground — like 30 to 100 feet below ground — with an autonomous highway-like high-speed tunnel hyperloop system. Read more…

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This hyperloop startup is doing the unthinkable: being realistic

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A hyperloop startup is sharing its vision for ultra-fast travel via pod at presentations in hotel ballrooms around the world — and a flash-bang demo in Las Vegas the presentations are not. 

But that’s a good thing.

Meet Transpod, a Canadian hyperloop startup that thinks its proprietary technology — which it says improves upon magnetic levitation in both cost and efficiency — can enable the next, as the founders call it, “true leap forward” in transportation. 

Founded in 2015, Transpod is just one of a handful of hyperloop startups trying to make the concept popularized by Elon Musk of levitated, low-resistance travel via tube a reality. It has $15 million in seed funding, which may sound promising, but it’s considerably less than other hyperloop startups, and the company has yet to debut a prototype or even run a demo.  Read more…

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Watch SpaceX launch NASA’s latest exoplanet-hunting satellite

SpaceX is set to launch a Falcon 9 rocket today during a 30-second window at 6:32pm EDT. On board is NASA’s Transiting Exoplanet Survey Satellite (TESS), designed to find exoplanets. SpaceX said this morning there’s an 80 percent chance of launching today. Following the launch, SpaceX will attempt to recover the Falcon 9 rocket and […]

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Elon Musk’s latest SpaceX idea involves a party balloon and bounce house

Elon Musk took to Twitter Sunday night to announce a new recovery method for an upper stage SpaceX rocket. A balloon — a “giant party balloon” to quote him directly — will ferry part of a rocket to a bounce house. Seriously. If anyone else proposed this idea they would be ignored, but Elon Musk […]

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As UK fires-up private space industry, Space Camp Accelerator launches

The UK government recently passed the Space Industry Bill, covering the basics like spaceflight licensing, insurance requirements and safety commitments. It didn’t make much of a splash when it was announced, but it’s a huge move for the UK as it laid the regulatory groundwork that will be needed to create an operational spaceport, potentially […]

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Aurora hires SpaceX’s Jinnah Hosein, opens SF and Pittsburgh offices

Self-driving technology company Aurora has made some key moves on its leadership team and overall company growth: It’s bringing on SpaceX’s now former head of software engineering, Jinnah Hosein, to lead its own software engineering team in a VP role. The autonomous software provider is also opening up two new offices, including one in San […]

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Elon Musk’s next Boring Co. merch will be big Lego bricks made from tunnel rock

Elon Musk’s The Boring Company is indeed living up to its namesake and boring tunnels, but its primary source of revenue still seems to be selling stuff branded with its logo. First there was the hat, then the ‘not a flamethrower,’ and now Musk has said that the company will produce and sell large, “lifesize” […]

View More Elon Musk’s next Boring Co. merch will be big Lego bricks made from tunnel rock

Elon Musk deletes own, SpaceX and Tesla Facebook pages after #deletefacebook

Elon Musk apparently wasn’t aware that his company SpaceX had a Facebook page. The SpaceX and Tesla CEO has responded to a comment on Twitter calling for him to take down the SpaceX, Tesla and Elon Musk official pages in support of the #deletefacebook movement by first acknowledging he didn’t know one existed, and then […]

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Elon Musk’s Boring Co. flamethrower ships in time for summer BBQs

Elon Musk raised a significant chunk of money for his tunnel boring venture, the aptly named Boring Company, via sales of a heavily marked up ‘flamethrower’ with Boring Co. branding. Those pre-sales are all concluded, but now people who put down cash to reserve one are finding out when they can get their flame on. […]

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SpaceX is making big money moves

Planning a mars mission, a global telecommunications network for inexpensive internet service, and creating an interplanetary hedge against world war three isn’t cheap, so it’s no wonder that SpaceX is closing on $500 million in new cash through a financing round led by Fidelity, according to multiple sources with knowledge of the round. Responding to clamoring […]

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SpaceX and United Launch Alliance land $640 million in Air Force launches

The U.S. Air Force wants to maintain its options: It awarded a total of $640 million in satellite launch contracts to both SpaceX and the United Launch Alliance (Boeing and Lockheed Martin’s joint space launch venture), with the goal of making sure it has access to at least two options for launching its payloads to […]

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