A ticket on the Hyperloop will cost just $US20, according to Elon Musk’s maths.
The Tesla CEO tallies the total cost of the most advanced Hyperloop project at $US7.5 billion.
That’s for the passenger plus pedestrian version of the project.
A passenger-only edition costs $US6 billion.
Musk says it will take 20 years to build.
So here’s how he gets to $US20
…transporting 7.4 million people each way and amortizing the cost of $US6 billion over 20 years gives a ticket price of $US20 for a one-way trip for the passenger version of Hyperloop.
Here’s the rundown, via his explanatory .pdf.
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