The Saudis are still negotiating the Hyperloop deal despite tensions with Branson



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Crown Prince Mohammed bin Salman Al Saud (right) poses with Richard Branson (left), founder of Virgin Group Ltd. during his visit to Virgin Galactic as part of his official visit to California, United States, on April 2, 2018.

Bandar Algaloud | Anadolu Agency | Getty Images

Crown Prince Mohammed bin Salman Al Saud (right) poses with Richard Branson (left), founder of Virgin Group Ltd. during his visit to Virgin Galactic as part of his official visit to California, United States, on April 2, 2018.

Saudi Arabia is still negotiating an agreement with Virgin Hyperloop One, a source close to the company, told CNBC, in contradiction with a report that Riyadh withdrew in the midst of tensions with its founder, Richard Branson.

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