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Richard Branson is getting in on Hyperloop – A N I T H
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Richard Branson is getting in on Hyperloop

Richard Branson is getting in on Hyperloop


Richard Branson is betting on the Hyperloop.

Branson’s Virgin Group has invested in Hyperloop One, the company that is attempting to build the ultra-fast transportation system championed by Elon Musk. 

And it’s not just an investment. The company will now go by Virgin Hyperloop One. Branson is also joining the company’s board. 

Branson’s investment is part of the $85 million funding round that first became public in September. That money valued the company at around $700 million. 

“We’re incredibly excited about the technology behind Virgin Hyperloop One and the way it could transform passengers’ lives,” Branson wrote in a blog post announcing the investment.

“Ever since our creation, Virgin has been known for disruption and investing in innovative companies. From our airlines to our trains to our spaceline, we have long been passionate about innovation in transport too, especially the development of technology that could transform people’s lives. This is just the latest example,” Branson wrote. 

Branson had hinted earlier this year that he was interested in Hyperloop



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Anith Gopal
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