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Could the Hyperloop Really Cost $6 Billion? Critics Say No
- throwaway_yy2Di 13y agoMichael L. Anderson, an associate professor of agricultural and resource economics at the University of California, Berkeley, predicted that the cost of the entire project would be closer to $100 billion. Keeping the same assumptions as the paper [1], if the cost goes from $6 billion to $100 billion, the amortized cost per ticket goes from $20 to $333 (!). As pointed out elsewhere [2], the capacity is extremely low, less than 1/10th that of the high-speed rail proposal (7.4 million vs. 95 million riders annually). [1] http://www.spacex.com/sites/spacex/files/hyperloop_alpha-20130812.pdf http://www.spacex.com/sites/spacex/files/hyperloop_alpha-201... [2] http://pedestrianobservations.wordpress.com/2013/08/13/loopy-ideas-are-fine-if-youre-an-entrepreneur/ http://pedestrianobservations.wordpress.com/2013/08/13/loopy...