The Hyperloop might be built and might be free if it is built. Developers of Elon Musk’s futuristic transportation system are seeking ways to vanish customer costs since it will have to be heavily traveled if it’s to become a large-scale success.
From Katie Collins at Wired UK:
Even though Hyperloop’s pricing consultants estimate a ride will cost twice the price of a plane ticket, [CEO Dirk] Ahlborn is keen to avoid this situation. “We want to make it something you use every single day many times,” he says. He is even debating whether “ticketing is best way of monetising, or are there other ways to make money?”.
“I really, strongly believe that if we create a hyperloop network and it’s free — in the off-peak times at least, in peak times we would charge a little bit — but we make money in other ways, that will really change how people live.”
There are already some options for this; for a start, the system works on 100 percent renewable energy, and actually will make more energy than it needs. As such, says Ahlborn, “we will actually be able to sell the energy.” He’s also looking for ideas for alternative ways in which the Hyperloop might be able to make money.•
Tags: Dirk Ahlborn, Elon Musk