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Musk brainchild Hyperloop in talks with Gulf sovereign wealth funds

Thursday, March 9, 2017 - 05:50

Mr Lloyd said the Gulf is potentially one of the best places for the technology and wants the entire GCC connected by Hyperloop.


MAGLEV train developer Hyperloop Technologies Inc said it's in talks with sovereign wealth funds in the Persian Gulf as it seeks to bring the super-fast transportation system to the region and raise US$300 million from global investors over six months.

Hyperloop One, as the

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