Hyperloop One will turn a 3.5-hour flight to only 28 minutes

However, the price for this project is up to 21 billion USD.

Many questions appear around the Hyperloop high-speed train project like: How much is the construction cost? Where will it be built? How fast will it move? Is it really that fast? Can our body withstand such high speed movement? What is the difference? .

Currently, Hyperloop One, a startup in Los Angeles with Elon Musk's mission to materialize the moving speedboat, has answered some questions. In a new study published, Hyperloop One said a speedboat connecting Stockholm, Sweden to Helsinki, Finland could shorten the trip that usually takes 3.5 hours to fly down to just 28 minutes. And they only need $ 21 billion to build this special route.

This Nordic Hyperloop will generate profits after 10 years thanks to the economic benefits it brings.

This cost includes US $ 3.3 billion for the world's longest undersea tunnel construction, through the Åland Islands, a series of islands in the Baltic Sea. But Hyperloop One said the total cost will be offset by the performance and speed that this super-fast moving system brings. Homes built near Hyperloop will be more valuable, shipments will arrive faster and workers move between cities more quickly, so working time will be more.

Hyperloop One's research claims that this Nordic Hyperloop service will be profitable after 10 years thanks to the economic benefits it brings. However, there is still a tough question who will spend money on this project? Hyperloop One uses a combination of public and private investment funds. Private investors may enjoy some benefits from the project's surplus value. This is a method that governments around the world are applying for transportation projects.

Hyperloop One also plans to generate about 969 million to 1.1 billion dollars in annual ticket sales.

Not only that, Hyperloop One also plans to generate around 969 million to 1.1 billion dollars in annual ticket sales if the number of passengers reaches 42.7 million.

Construction costs can be expensive, but Hyperloop One is committed to being cheaper than high-speed rail trains . "We think the cost of building a Hyperloop system can be as little as 50 to 60% of the cost of building high-speed rail because Hyperloop technology invades less civil engineering, the system needs less maintenance and Its electric propulsion motor needs less rails than high-speed rail , " stated Hyperloop One.

The Hyperloop service linking Finland and Sweden needs 12 years to complete and it includes both on-ground pipelines and Baltic Sea.

This initial study was carried out by Ab Links FS and the company will begin conducting a full-scale study to submit to stakeholders. This is a necessary move to be able to raise capital and start building test segments. Earlier this year, Hyperloop One conducted its first public test. At the end of 2016, the company will build a full test system with a pipeline for ships to transfer at speeds of up to 965km / h.

With the question where Hyperloop will be built first, the answer is somewhere outside the United States. In addition to the Baltic region, Hyperloop One is also looking for opportunities in Moscow and Switzerland. Their rival, Hyperloop Transportation Technologies, also signed an agreement with the Slovak government to build a Hyperloop service there.