| Founded | 2014 |
|---|---|
| Closed | 2022 |
| Country | USA |
| Sector | Mobility |
| Total raised | ~$450M USD |
| Collapse type | Slow Death |
| Founder | Brogan BamBrogan |
Virgin Hyperloop
"Shervin Pishevar and Brogan BamBrogan raised $450M to build Elon Musk's vacuum-tube transport vision. Nine years of tests. No government signed a commercial contract. Richard Branson renamed it Virgin Hyperloop. All staff laid off November 2022."
Years-long decline before final shutdown
Key Events Timeline
Hyperloop One (later Virgin Hyperloop) was founded in 2014 by Shervin Pishevar (venture capitalist) and Brogan BamBrogan (former SpaceX engineer) in Los Angeles, inspired by Elon Musk's 2013 Hyperloop Alpha white paper proposing 700+ mph vacuum-tube magnetic levitation transport.
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