MIT team wins Hyperloop competition, Elon Musk predicts global transportation network

The SpaceX Hyperloop Pod competition crowned a winner on Sunday, naming the MIT Hyperloop Team as the group with the best look at what the Hyperloop transportation pod system might look like in the future

First conceived by SpaceX and Tesla founder Elon Musk back in 2013, the concept transportation system would transport riders in sealed tubes to different cities at speeds of over 700 mph, reducing a trip from Los Angeles to San Francisco to just 30 minutes

In addition to the announcement of the overall winning concept, Musk himself made an appearance at the event in Texas and even took a few questions Read more...