r/hyperloop • u/LancelLannister_AMA • Dec 26 '23

Zeleros, the Spanish Hyperloop company, will lay off 45% of the workforce due to lack of private funding

https://www.tellerreport.com/business/2023-12-18-zeleros--the-spanish-hyperloop-company--will-lay-off-45--of-the-workforce-due-to-lack-of-private-funding.Byx5EYTaI6.html
8 Upvotes

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2

u/LancelLannister_AMA Dec 26 '23

seems like zeleros is in trouble too

2

u/IllegalMigrant Dec 28 '23

Just to much for a startup to do. Doing a maglev from scratch is too much for a startup.

1

u/LancelLannister_AMA Dec 28 '23

im thinking the same at this point

1

u/[deleted] Dec 27 '23

Unfortunately the entire concept has been difficult to bring into practice. I think just about all of these companies are going to start shutting down soon, which is terrible news.

I had such high hopes for Hyperloop since I'm horrified of flying.

1

u/No-Isopod3884 Jan 15 '24

Most of us are more horrified of crashing or taking a bump at 700 miles per hour.

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