Photo: ReutersSan Francisco: Ben Lippolis flew across the country to take part in a student hyperloop competition hosted by Elon Musk. In the two years since Musk’s SpaceX started organizing these competitions, the rocket company has found a unique formula for luring talent at little cost. The student events provide his companies with valuable insights, said Christian Claudel, an assistant professor at the University of Texas at Austin and adviser to his school’s hyperloop team. “It’s a very good deal for SpaceX.”Many students said their main hope was to secure a job someday on Musk’s team. Others went to Hyperloop One, a venture-backed company inspired by Musk’s vision and a sponsor of SpaceX’s 2016 event.

Source: Mint September 19, 2017 05:37 UTC