Saudi Arabia reportedly cancels deal with Virgin Hyperloop One

Saudi Arabia pulled its deal with Virgin Hyperloop One after the company’s chairman Richard Branson criticized the kingdom over the disappearance of journalist Jamal Khashoggi, Financial Times reports. Earlier this week, Branson said he was temporarily freezing his partnership with Saudi Arabia, which includes a planned investment in Branson’s space exploration ventures until more details are known about Khashoggi, who was reportedly killed after entering the Saudi consulate in Turkey earlier this month. The Saudis were reportedly considering investing $1 billion in Branson’s business. Virgin Hyperloop One and Saudi Arabia planned to sign a deal for a feasibility study As a result, Virgin Hyperloop One CEO Rob Lloyd and CTO Josh Giegel... Continue reading…