Bankrupt - Hyperloop One

In 2013, Elon Musk unveiled his concept for a "5th mode of transportation" called Hyperloop. Spawning from this idea was a lot of public excitement as well as companies racing to build one. Virgin Hyperloop One was one such company, seemingly making the most progress of any company with technological breakthroughs including the first human test. But after a decade to work and over $400 million invested, in late 2023, the company declared the equivalent of bankruptcy and shut down. Join me today to find out why.