Virgin Hyperloop Loses a Chunk Of Its Board After Replacements and Arrests

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Virgin Hyperloop One, a beleaguered startup trying to develop a futuristic, tube-based transportation system, got a lifeline in the form of $50 million from two foreign backers. Bloomberg

Skift Take: One dose Branson, another dose Musk, and another a hyped transportation concept with dreams of federal funding. Really, this seems like par for the course.

— Jason Clampet

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