"virgin-hyperloop"

The company confirmed to the Financial Times that 111 people had been laid off as it plans to switch focus from passengers to cargo.

Virgin Hyperloop is the only company in the world that has successfully tested hyperloop technology at scale, launching the first new mode of mass transportation in over 100 years.

The test took place at the company's DevLoop test track in the desert outside Las Vegas, Nevada on Sunday and first two passengers were Virgin Hyperloop's CTO and co-founder Josh Giegel