We tried out the $59K electric hyperfoil Jet Ski, new water toy of the rich

“We’d love to see folks commuting on it,” said Kearney, who plans to offer test-rides between Oakland and San Francisco Bay. “The water’s this huge untapped resource.”  (This could prove legally problematic. Barring a few exceptions, Jet Skis are not currently allowed in San Francisco Bay. The SFPD’s Marine Unit did not respond to a request for comment.)

To date, Kearney’s received around 60 pre-orders for the first batch of Valo Jet Skis, scheduled to ship in late 2024, totaling “about $3.5 million worth of product.” Of course, at $59,000 a pop, the economics aren’t quite there yet for the casual commuter—or even the avid jet skier, who can expect to spend between $5,000 and $20,000 for typical watercraft. But the hydrofoil Jet Ski isn’t just a flex for the uber-rich, emphasized Kearney: “We’re on the pathway [to] creating a transportation revolution.”