Elon Musk and Daryl Oster, competing for what could become
the world’s largest infrastructure project
When Tesla Motors CEO, Elon Musk, mysteriously leaked that he was working on his Hyperloop Project, the combination of secrecy, cryptic details, and his own flair for the dramatic all contributed to the media frenzy that followed.
Leading up to this announcement was his growing anxiety over California’s effort to build a very expensive high-speed rail line between Los Angeles and San Francisco with outdated technology.
While the Musk media train was picking up steam, several reporters pointed out a similar effort by Daryl Oster and his Longmont, Colorado-based company, ET3, to build a comparable tube transportation system that was much further along.
Indeed both are working on what will likely be the next generation of transportation where specially designed cars are placed into sealed tubes and shot, much like rockets, to their destination. While high-speed trains are breaking the 300 mph speed barrier, tube transportation has the potential to make speeds of 4,000 mph a common everyday occurrence.
As Daryl Oster likes to call it, “space travel on earth.”
Even though tube travel like this will beat every other form of transportation in terms of speed, power consumption, pollution, and safety, the big missing element is its infrastructure, a tube network envisioned to combine well over 100,000 miles of connected links.
While many look at this and see the lack of infrastructure as a huge obstacle, at this point in time it is just the opposite, the biggest opportunity ever.
Constructing the tube network will be the biggest infrastructure project the earth has ever seen, with a projected 50-year build-out employing in excess of 100 million people along the way. But in addition to these impressive projections, there’s far more at stake than just jobs and superfast transportation. Here’s why.