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Hyperloop Hopes Perk Back Up With Branson Challenger’s R&D Deals

  • Hyperloop TT CEO says technology is ready and coming in years
  • Competitor Virgin Hyperloop completed first passenger test
Elon Musk's High Speed Train Concept Company Hyperloop One Holds First Public Test Run

Photographer: David Becker/Getty Images

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Hyperloop Transportation Technologies Inc. said by the end of this decade it could be rolling out a commercial version of the high-speed transport concept envisioned by Elon Musk as the Los Angeles-based startup goes up against billionaire Richard Branson’s rival project.

“It’s coming in years, not decades,” Hyperloop TT Chief Executive Officer Andres de Leon told journalists. The technology for capsules moving through magnetic tubes at almost 750 miles per hour “is ready,” he said.