Virgin Hyperloop focuses on transporting cargo
Virgin Hyperloop has laid off nearly half of its staff. The high-speed levitating pod hurtles through vacuum tubes and had been transporting passengers, but now the attention is shifting to freight. A spokesperson told the Financial Times that the decision “really has more to do with global supply chain issues and all the changes due to COVID.” DP World - which has a 76 per cent stake in Virgin Hyperloop - insisted: “It’s abundantly clear that potential customers are interested in cargo, while passenger is somewhat farther away. “Focusing on pallets is easier to do — there is less risk for pas...