Elon Musk's Hyperloop May Qualify For Federal Funding

InformationWeek: US Transportation Secretary Anthony Foxx issued his support for Elon Musk's Hyperloop idea, suggesting the project may be eligible for government funding.

Hyperloop is currently a conceptual idea, one that has met with its fair share of skepticism, aiming to create a new form of transportation that uses levitating, high-speed pods that zip through a highway tube between San Francisco to Los Angeles.

Read article