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What’s the hype? new peak inside Virgin Hyperloop pods

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Virgin Galactic has taken to the skies, but now its time to get hyped about Virgin Hyperloop following the release of a new pod concept video

A new video shows plans for passenger pods using magnetic levitation to travel above 1,000km/h (600mph) through tubes containing a near-vacuum.

The Hyperloop is part of Richard Branson’s virgin empire, designed to take transportation to the 21st century.

Virgin hyperloop wants to create a new way of transportation, capable of equaling the speed of air travel and to expand travel opportunities for the masses. 

‘the key to our product is guiding by a design that is elegant through its simplicity, future-proof due to its modularity, and guided by the principles of this century, not the last,’ says the video.

Rather than connecting to form a train, the pods will travel in convoy, similar to how cars travel on a motorway.

Test site for pods

Last year, Virgin Hyperloop completed its first crewed test-track journey, reaching speeds of 170 kilometres per hour.

The company aims to achieve safety certification by 2025, but it hopes to begin commercial operations in 2027.

Virgin Hyperloop

Ticket prices are still up in the air as it will depend on the exact route.

In the meantime, commercial tickets on Virgin Galactic have taken off after a successful first mission to space back in July this year.

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Money

Why the meme-stock frenzy is unlikely to repeat

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GME shares surge 74%, but experts stress a meme-stock frenzy resurgence is unlikely due to fundamental differences in the company’s financial situation.

Australia’s budget unveils a second consecutive surplus of A$9.3 billion, prioritising the critical minerals industry and green energy initiatives to reduce reliance on Chinese supply.

Also, GameStop shares have surged 74%, but experts caution against expecting a repeat of the 2021 meme-stock frenzy. #featured #trending

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Why are airlines after the Biden Administration?

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Major airlines are taking legal action against the Biden administration over a newly implemented rule requiring them to disclose fees upfront.

On this episode of Hot Shots – Major airlines are suing the Biden Administration, AI-piloted fighter jets, SpaceX faces funding challenges, and Apple receives crushing feedback.

Ticker’s Ahron Young & Veronica Dudo discuss. #featured #trending

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The mounting pressure on Government spends

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Questions abound regarding the factors fueling this inflation surge in Australia and whether it correlates with the escalating government expenditures.

Concerns extend to how Chalmers navigates the mounting pressure amid discrepancies in spending allocations.

Moreover, as Australians grapple with the reality of rising living costs, the feasibility of cutting spending becomes a pressing issue. Additionally, amidst economic uncertainties, individuals seek guidance on managing stock market risks effectively. #Featured #Trending

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