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July 23, 2018 03:52 pm GMT

SpaceX hyperloop competition reaches record-breaking speeds

Hyperloop technology just broke another record.

SpaceX hosted its third Hyperloop Pod Competition on Sunday, and the fastest looping team broke the 240 mph world record set by Richard Branson's Virgin Hyperloop One last year.

The winning team — a group of students from the Technical University of Munich — got its pod to travel at 284 mph.

SEE ALSO: Elon Musk and Chicago Mayor Rahm Emanuel hold 'Loop' press conference to shut down the haters

"We’re excited to announce that our team WARR Hyperloop is the winner of the 2018 SpaceX Hyperloop Pod Competition!!!!!" the team wrote on its website after the competition. "We’d like to sincerely thank all our sponsors! This journey wouldn’t have been possible without you!” Read more...

More about Elon Musk, Spacex, Record, Hyperloop, and Tech

Original Link: http://feeds.mashable.com/~r/mashable/tech/~3/6fg8A8e-il4/

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