The railroad could still be incredibly valuable to the Professor. It's a corporation, so it no doubt has cash reserves and might be able to lose a million dollars a year without much consequence.
In 2015, Apple Inc. had so much money in cash reserves that it could lose $1,000,000 a year... for 178,000 years!
To quote Charles Foster Kane in "Citizen Kane":
"You're right, I did lose a million dollars last year. I expect to lose a million dollars this year. I expect to lose a million dollars NEXT year! You know, Mr. Thatcher, at the rate of a million dollars a year, I'll have to close this place in... 60 years."
https://youtu.be/tzhb3U2cONs?t=1m46s
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