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>After someone builds a hyperloop though, and works out all the kinks, there will be investors for the 2nd one. It's a case of "the second mouse gets the cheese".

Isn't this the exact situation patents were intended to prevent?

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The hyperloop is open source though. Even if it wasn't, 20 years isn't a huge head start to work out all the bugs and build very many lines given the cost/time to build 1.

So then how did railroads do... ohhh.

How exactly is it open source?

The design is open source, anyone can build it. As opposed to the et3 concept, which requires a 5% royalty if you build it.

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