Richard Branson steps down as chairman of Virgin Hyperloop One

Richard Bransonhas reportedly stepped down from the chairman role of Virgin Hyperloop One.
In a statement, cited by Reuters, Branson said the company would require more time than he could devote to the company:
At this stage in the company’s evolution, I feel it needs a more hands-on Chair, who can focus on the business and these opportunities. It will be difficult for me to fulfill that commitment as I already devote significant time to my philanthropic ventures and the many bus