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'The demographic dividend of the last 40 years is ending': J.P. Morgan says the world is running out of the two things that kept interest rates down

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The $39 trillion U.S. national debt isn’t as high as Japan’s and Singapore’s relative to economy size—and yet it's still worse somehow

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'The demographic dividend of the last 40 years is ending': J.P. Morgan says the world is running out of the two things that kept interest rates down

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Jensen Huang made his $172 billion fortune on AI chips. His family's $75 million gift to Vanderbilt argues art decides what technology is for

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The $39 trillion U.S. national debt isn’t as high as Japan’s and Singapore’s relative to economy size—and yet it's still worse somehow
LeadershipElon Musk

Elon Musk Just Posted a Hyperloop Update

By
Lisa Marie Segarra
Lisa Marie Segarra
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By
Lisa Marie Segarra
Lisa Marie Segarra
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August 31, 2017, 8:26 AM ET
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Elon Musk, Tesla and SpaceX CEO, just posted an update on his Hyperloop progress.

Musk posted a photo on Twitter early Thursday morning of a Hyperloop pusher pod he tested, saying in the caption that the pod reached up to 220 miles per hour.

“We took the SpaceX/Tesla Hyperloop pusher pod for a spin by itself a few days ago to see what it could do when not pushing student pods (some need a push to get going, e.g. passive maglev). Got up to 355 km/h (220 mph) before things started 🔥. Kind of like racing with a tugboat. Maybe able get past 500 km/h (about half speed of sound) next month with a few tweaks or maybe tiny pieces…” Musk posted.

Musk has been working on a Hyperloop that would take people from New York City to Washington, D.C., at amazingly fast speeds. Earlier in August, the company announced that it finished its second phase of testing, where a test pod reached 192 miles per hour.

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