Meanwhile, Tesla shareholders enjoyed a $2,023.34 share price and a $377.07 billion market capitalization on 25 August 2020. Hence, Uncle Sam’s $465.50 million investment in Tesla a decade ago created $377.07 billion in wealth for investors 10 years later.
Hyperloop One has received $50 million in investments and plans to raise $160 million for aggressive expansion plans.
The company will need that money because the cost of the super-fast transport system may greatly exceed initial estimates, Forbes revealed. Back in 2013, Elon Musk optimistically estimated that Hyperloop would cost around $11.5 million a mile to build, but Hyperloop One documents obtained by Forbes mention a cost of $121 million a mile; or over 10 times Musk’s estimate.