The pipe dream is over: Hyperloop One shuts down
![by Z22 and licensed under CC BY-SA 4.0/Wikimedia Commons](https://electrek.co/wp-content/uploads/sites/3/2023/12/1024px-Virgin_Hyperloop_One_XP-1_pod_-_front_view.jpeg?quality=82&strip=all&w=1024)
Hyperloop One, the futurist transportation company (in case you forgot) that promised to whisk passengers and cargo in vacuum-sealed tubes at jet speeds from city to city, is officially over – but this time, it’s for real. According to Bloomberg, the much-hyped, long-beleaguered company will officially close its doors on December 31.
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