Musk had uncovered his proposal for a 700-mph human transport system through steel vacuum tubes in August 2013.

This theory was met with a lot of mixed reactions from the people.

The last day to enroll for the competition is September 15.

Elon Musk Plans To Build A Hyperloop Test Track, Sends Open Invitation For Pod Design Competition

(Photo: Hannah Elliott/Gizmag.com)

SpaceX will send technical guidelines in details in August.

Teams will have time to submit their final design package until December 15.

In January, the teams will inspect their work at Texas A&M.

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All contenders will be unmanned capsules.

Teams can present their complete pod designs, individual subsystems or safety features.

In August, the conditions for winning the competition will be released.

Hyperloop Tech plans to finance a design team or two in SpaceXs competition.

We will support them and the community where we can.

Also, we are now aware that the owner of the Twitter account @hyperloop is SpaceX.

Source:Forbes

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source: www.techworm.net