Musk & Trump
Earlier this week, Elon Musk dined at the White House with the president to discuss his infrastructure plan for the country, according to reports from The Wall Street Journal. President Trump in turn expressed his interest in the Hyperloop.
While no concrete plans have been provided, the administration has stated their intentions to dedicate significant budget towards improving America’s roads and bridges. That certainly could include the latest technologies, like the Hyperloop. That being said, Trump’s curiosity for Musk’s ambitious transportation project doesn't necessarily mean it come to fruition under his administration. According to The American Society of Civil Engineers, the U.S. would need $3.6 trillion to update the entire country’s infrastructure — and that's not counting the Hyperloop.
Of course, apart from Musk sitting down with the President, there aren't any concrete details that would suggest Trump could allot trillions from the federal budget for the project. Still, Trump's interest could hint that the administration is looking towards privatizing American transportation infrastructure.
Hyperloop One has been in the headlines quite a bit recently, particularly after images of the Nevada test track surfaced online.
While it’s only a third of a mile (and has yet to be tested using actual pods or undergo public trials) the track is the first full-scale Hyperloop track. It also managed to complete a public trial of its propulsion system last year — however, it fell short of targets.
Ideally, the Hyperloop should be able to travel at 750 mph. The five-second, podless rail test only managed to hit 300 mph.
According to Musk, it would cost around $6 billion to create a Hyperloop line from Los Angeles to San Francisco. If that sounds like a lot, when you look at the cost per mile ($11.5 million) it actually works out to be less than a high-speed rail, according to Forbes. Musk’s intention to build the system in tunnels is putting more focus on additional costs, however. Of course, this all rests on the premise that a perfectly working Hyperloop can be built — and it’s still up for debate whether that, and the projected cost, is actually feasible.