Hyperloops were supposed to be the future of transportation, but now one of the largest Hyperloop businesses (Hyperloop One) has closed down - so why is this?

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When Elon Musk proposed his futuristic new vision for transportation, the world ate it up, with Hyperloops planned everywhere from California, to India, to Australia. These were supposed to be cheaper and faster than traditional travel modes like rail and air.

But problems with the idea started popping up almost immediately, and now the biggest Hyperloop firm has shut its doors. So, in this video I want to ask what happened? And if we should still be investing in the Hyperloop technology over more tried and tested ones like High Speed Rail.