📺 Stream EntrepreneurTV for Free 📺

Elon Musk to Build 'Hyperloop' Track, Likely in Texas The system would allow passengers to zoom in pods through systems of tubes at speeds of at least 600 miles per hour.

By Jacob Pramuk

entrepreneur daily

This story originally appeared on CNBC

Tesla Motors

Elon Musk plans to build a test track for a high-speed Hyperloop transportation system, most likely in Texas, he tweeted on Thursday.

The system would allow passengers to zoom in pods through systems of tubes at speeds of at least 600 miles per hour, which would easily outpace current high-speed rail systems. Companies and students could test out their pods at the test track, Musk said.

Previous reports have indicated that the Hyperloop system—plans for which Musk unveiled in 2013— could chop a trip from Los Angeles to San Francisco to about 30 minutes for less than the cost of an airline ticket.

Hyperloop Transportation Technologies, a crowd-funded organization unaffiliated with Musk that has worked to develop the concept, could not immediately be reached to comment on its knowledge of plans for a test track.

Tesla Motors and Musk, its chief executive, have repeatedly undertaken efforts in Texas to ease its restrictions on direct auto sales.

Elon Musk to Build 'Hyperloop' Track, Likely in Texas

Model of the Hyperloop system as described by Elon Musk.
Image credit: Tesla Motors

He added that he would consider holding a "pod racer competition" for students at the test track.

—CNBC's Phil LeBeau and NBC News contributed to this report.

Jacob Pramuk is a News associate  Digital.

Want to be an Entrepreneur Leadership Network contributor? Apply now to join.

Editor's Pick

Fundraising

My Startup Couldn't Raise VC Funding, So We Became Profitable. Here's How We Did It — And How You Can Too.

Four months ago, my startup reached profitability for the first time. It came after more than a year of active work and planning, and here's what it took.

Starting a Business

Clinton Sparks Podcast: From Hit Records to Humanitarian Powerhouse, Akon Shares His Entrepreneurial Journey

This podcast is a fun, entertaining and informative show that will teach you how to succeed and achieve your goals with practical advice and actionable steps given through compelling stories and conversations with Clinton and his guests.

Business News

McDonald's Is Responding to Sky-High Fast Food Prices By Rolling Out a Much Cheaper Value Meal: Report

The news comes as the chain looks to redirect back to customer "affordability."

Starting a Business

Clinton Sparks Podcast: CEO of Complex Shares How Media, Culture Have Shifted in Recent Years

This podcast is a fun, entertaining and informative show that will teach you how to succeed and achieve your goals with practical advice and actionable steps given through compelling stories and conversations with Clinton and his guests.

Business News

Jack Dorsey Explains Bluesky Exit: 'Literally Repeating All the Mistakes We Made' at Twitter

Dorsey left the Bluesky board and deleted his account earlier this week.