Comment on Hyperloop One is reportedly shutting down

Poutinetown@lemmy.ca ⁨10⁩ ⁨months⁩ ago

DP World will wind up with Hyperloop One’s intellectual property, Bloomberg reports, while the rest of its hard assets — including a test track outside Las Vegas and other machinery — will be sold off.

Wonder how much of the value (if any) was in the IP, which will be solely owned by a company mainly focused on maritime trade.

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