How to Invest in Virgin Hyperloop
Virgin Hyperloop is a company with good prospects for the future of high-speed travel. I'm going to explore what Virgin Hyperloop is and discuss whether or not it's possible to invest in the company.
I'm also going to compare Virgin Hyperloop with Elon Musk's The Boring Company, so you can decide which is the better investment for the future.
It is not yet possible to invest directly in Virgin Hyperloop. They have received multiple rounds of venture capital funding, totaling over $400 million, but are not yet publicly traded. The company mentioned that it may leverage public investments in the future, so an IPO is still conceivable.
A major investor in Virgin Hyperloop is DP World. They are a multinational logistics company based in Dubai, United Arab Emirates. They specialize in cargo logistics, port terminal operations, maritime services, and free trade zones.
They are a leading enabler of global trade and see the potential of sustainable hyperloop-enabled cargo systems.
Additionally, Virgin Hyperloop is backed by the Virgin Group, an industry leader across rail, aviation, ships, and even spacecrafts.
There other industry-leading partners include OSpirit AeroSystems, KPMG, Foster + Partners, Systra, BIG, SNCF, GE, Deutsche Bahn, Black & Veatch, McKinsey, Deloitte, Jacobs, Turner & Townsend, ARUP, and Steer, among others.
Will Virgin Hyperloop Ever Go Public?
It's hard to say whether or not Virgin Hyperloop will ever go public, but they have provided some hints in their FAQs.
Virgin Hyperloop has mentioned that they see enormous potential to attract investment from the private sector, and leveraging public investments. So an initial public offering is still conceivable.
What Is Virgin Hyperloop?
Virgin hyperloop is a privately-held company founded in 2014 that is on a mission to create fast, effortless journeys that expand possibilities and eliminate barriers of distance and time.
Here is a short video that Virgin Hyperloop uploaded in 2017 that showcases the hyperloop and its technology.
Virgin Hyperloop plans to transport not only people but cargo as well.
The company believes that too many people are caught in bumper-to-bumper traffic, people who have to make choices about where they live and work based on their mode of transport.
They're building a system to give time back to the population, so they can access more experiences and opportunities, whilst experiencing the “travel experience of the future”.
Virgin Hyperloop Progress
The Virgin Hyperloop has reached 240mph (386km/h) at their Nevada “DEVLOOP” test site, which is 0.3 miles or 500 meters long.
They believe it will be able to reach speeds of 671mph or (1,080km/h) with a longer tube.
You can learn more about their progress here or watch their DEVLOOP video below to see their progress.
Virgin Hyperloop vs Boring Company
Both of these companies are developing hyperloop technology, so it's understandable that you may get the two mixed up.
While The Boring Company's hyperloop is only designed to carry cars, Virgin's Hyperloop is unique in that it doesn't need to be passenger-only or cargo-only. They plan to design a mixed-use system that fully utilizes the system's capacity while maximizing economic and social benefits.
Conclusion on How to Invest in Virgin Hyperloop
While we may not be able to invest in Virgin Hyperloop right now, we may see an IPO in the future.
I will update this article as news covering the IPO comes out.