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0 sats \ 6 replies \ @Satosora 22 Apr \ on: From Sin City to the City of Angels, building starts on high-speed rail line Construction_and_Engineering
What happened to the hyperloop?
Money became expensive and so most of those companies have folded. When interest rates were near 0 it was easy to raise money but not anymore. I have heard that the UAE was looking at it but esp in the West their are psychological safety concerns with it. People cant imagine a tube floating going that fast
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Japan has an established industry so they are able to leverage it. The US doesn't and so it is starting from scratch. Not to mention the labor costs esp. in Cali are high the land prices are high compared to Japan. Also think of the size of Japan as well they started small and built there way up our starting small is the equivalent of a huge project in Japan
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