LAS VEGAS (KSNV) — Hyperloop One, the company testing a proposed high-speed transportation system in the Nevada desert, is reportedly shutting down. Bloomberg reports that the company, formerly known ...

Hyperloop One, the futuristic transportation company building tube-encased lines to zip passengers and freight from city to city at airplanelike speeds, is shutting down, according to people familiar ...

The Richard Branson-backed company that promised to shake up the future of transportation will now focus on freight, according to the Financial Times. Antonio Ruiz-Camacho was a principal writer ...

The startup laid off 200 employees, closed its Las Vegas headquarters, and is set to terminate remaining workers by the end of the year. Financial challenges, including high interest rates, led to the ...

LAS VEGAS, Nev. – Virgin Hyperloop says it made history on Sunday by testing human travel in one of its hyperloop pods for the first time. The company says its two-person pod traveled 107 mph on its ...

The DevLoop, a full-scale Virgin Hyperloop test track in the desert outside of Las Vegas. (Courtesy Virgin Hyperloop) The basic idea of all Hyperloop systems (there are a variety of competitors) all ...