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The Hyperloop is a high-speed ground transport concept proposed by Musk to transport “pods” of 20 to 30 people through a 12-foot diameter tube at speeds of roughly 700mph

Can 1,000 College Students Do Better Than Elon Musk? { "platforms": [{"name": "twitter", "text": "Tweet", "title": "Twitter"}, {"name": "facebook", "text": "Share", "title": "Facebook"}, {"name": "copy", "text": "Copy", "title": "Copy"}], "actionLength": "", "actionType": "" } Twitter Facebook Copy

The competition was organized by SpaceX and geared toward university students and independent engineers. The assignment was to submit detailed technical proposals for a pod that could withstand the 700 mile per hour trip. The weekend’s lucky winners were invited to build and race their designs this summer on a one-mile test track being built at SpaceX’s headquarters in Hawthorne, California. More than 120 teams participated, comprised mostly of undergraduate and graduate students in their late teens and early twenties from more than 100 universities around the world. A couple of high schools competed, as did a team assembled on Reddit that live-streamed their journey on Periscope, Twitter’s real-time video app.

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Students’ Main Goal Is Scoring a Job

Bloomberg

Elon Musk could whisk travelers from New York to Washington in 29 minutes, one-fifth the time needed by Acela, Amtrak’s fastest train.

Both of these companies are years away from building a Hyperloop on any commercial scale, especially accounting for the inevitable land acquisition issues that traditional rail lines face as well.

VICE News Verified

Musk likes things to come together quickly. State, city, and county officials not so much. LA city officials recently gave the OK for 2.7 miles of test track, which Musk revealed in a video last week. Just before Thursday's info session Musk said the LA Metro system had agreed to work with the tunnel company.

"The purpose is to demonstrate that a lift can be built in very small footprints and within existing buildings, whether they are houses, office buildings, or retail parking lots," the firm's website explains.

While Musk was one of the early advocates of concept of a Hyperloop, several companies and universities are working on their own versions, including Virgin Hyperloop One, which has Richard Branson as its chairman and an investment from Virgin Group.

CNN Business

Virgin Hyperloop One hopes to begin testing full-sized hyperloop systems in 2021 and then to build hyperloops in the United Arab Emirates and India, among other countries. The company is also conducting feasibility studies for routes in Missouri and Colorado. Musk’s Boring Company has received a permit to begin excavating a possible hyperloop station in Washington, D.C. And Hyperloop Transportation Technologies is carrying out a feasibility study for a hyperloop linking Chicago and Cleveland and is considering routes in Europe, South Korea, and the United Arab Emirates.

The first rides were bumpy, the AP reported, giving one reporter motion sickness. But Musk said the future system will be "smooth as glass," and that this version is just a prototype and ran into issues with time constraints.