The chief executive of a company attempting to deliver a transport system that could send commuters from Los Angeles to San Francisco at speeds of up to 800mph says he is confident of securing the funding needed to turn the project from a pipe dream into a viable transit option for Californians.

Dirk Ahlborn believes his California-based startup JumpStartFund will be able to develop the Hyperloop project, which would take travellers from LA to San Francisco in 35 minutes (current driving time? About six hours). He told Wired this week: “I have almost no doubt that once we are finished, once we know how we are going to build and it makes economical sense, that we will get the funds.”

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