Richard Branson is betting big on Hyperloop

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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. 

Introducing @Virgin @HyperloopOne – the world’s most revolutionary train service https://t.co/aac70ry2oF pic.twitter.com/roC5Ay8RpF

— Richard Branson (@richardbranson) October 12, 2017

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.  Read more…

More about Elon Musk, Richard Branson, Hyperloop, Business, and Transportation

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