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Virgin Group just invested in Hyperloop One — and Richard Branson now sits on the board

Hyperloop One just struck a major deal with Richard Branson's Virgin Group. Virgin Group announced Thursday that it has invested in Hyperloop One, a startup that's working on constructing the high-speed transit system Elon Musk first outlined in a white paper in 2013. The terms of the deal weren't disclosed, but the investment was significant enough that Hyperloop One will now be called Virgin Hyperloop.
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