It's an outstanding mechanism to derail public transit efforts, that's all. It's not a nothing burger because that would suggest it's a good faith effort that just didn't pan out.
People like to die vote this because it's apocryphal that the purpose of hyperloop was to sabotage public transit but the motive sure fits the crime, musk ain't in the railroading business.
They even derailed (no pun intended) a train link from Building 37 to O'Hare by offering to build a train station in the cavern already dug for a high speed rail terminal that may exist someday in the future. I don't think they ever did anything there but the city was onboard (damn a lot of idioms are train related huh)