At the least, it shows how much money DP World has poured into the company over different funding rounds. When the hyperloop will become operational is an open question as Los Angeles-based Virgin Hyperloop One has faced shake-ups in recent months on its board of directors as well. Speculation the UAE would have the world’s first hyperloop system has been stirring for years. “There is no specific route for operating the hyperloop system in Dubai or between Dubai and other emirates,” the RTA said. Bin Sulayem refused to say how much DP World has spent across three different funding rounds with Virgin Hyperloop One.

Source: National Post April 29, 2018 16:30 UTC