Report: Virgin Hyperloop One raises another $50 million

The transportation startup based on Elon Musk’s Hyperloop technology has secured another $50 million in funding, allowing it to stay afloat, reports Axios. The funding comes from two existing investors: Russia’s Caspian Venture Capital and Dubai’s DP World. Hyperloop One was founded in 2014 with the goal of making hyperloop transportation tech a reality. The …

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The transportation startup based on Elon...

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