
Hyperloop’s loss is high-speed rail’s gain - TechCrunch
- by TechCrunch
- Dec 22, 2023
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Brightline is also building what it calls “the nation’s first true high-speed rail network” between Los Angeles and Las Vegas. That project received $3 billion of the funding recently announced by the Biden administration, and is expected to break ground in early 2024.
Building high-speed rail will take more than just money. There are
deeply rooted problems
standing in the way stemming from years of deregulation. Projects of this size also struggle to stay on time and on budget. The
other
big recipient of the newly announced federal funding — another $3 billion — is a high-speed rail project slated to run the spine of California that was the original source of Musk’s ire.
Could high-speed rail’s revival run the risk of a rematch with the world’s richest man? Perhaps, though train fans can take solace in how distracted Musk has become since that 2013 white paper.
Besides, outside of a handful of engineering contests held by SpaceX, Musk only ever entertained his own hyperloop projects at a superficial level.
Musk once tweeted that he had “verbal govt approval” to
build
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