“Mr Musk will not be patenting the design and it will be ‘open source’. His motivation for the project came from disillusionment with the Golden State’s high speed rail project, which has been dubbed the ‘bullet train to nowhere’ after a series of setbacks. He believes the Hyperloop could be built for a tenth of the cost and deliver passengers between the two cities in just 30 minutes, compared to three hours for the bullet train. The bullet train is currently estimated to be costing $68 billion and may not be completed until 2028. It would reach top speeds of only around 130mph. In a survey seven in 10 people said they would ‘never or hardly ever’ use it anyway.”
