Inventor Musk to share plans for high-speed travel (Update)

Aug 12, 2013 by Martha Mendoza
Elon Musk arrives at the 22nd Annual Environmental Media Awards on September 29, 2012, at Warner Bros. Studios in Burbank, California. A design for a super-fast transport system dubbed "Hyperloop" was set to be unveiled Monday by inventor and entrepreneur Musk.

Twice as fast as an airplane, cheaper than a bullet train and completely self-powered: that's the mysterious transportation system for which inventor and entrepreneur Elon Musk is promising to reveal design plans Monday.

Musk has been dropping hints about his "Hyperloop" system for more than a year during public events, mentioning that it could never crash, would be immune to weather and would move people from Los Angeles to San Francisco in half an hour.

Coming from almost anyone else, the hyperbole would be hard to take seriously. But billionaire Musk—who sold his first computer program, a $500 space game called Blastar, at age 12—has earned his reputation as an inventor and entrepreneur, co-founding online payment firm PayPal, electric luxury carmaker Tesla Motors Inc. and rocket-building company SpaceX.

Update story: 'Hyperloop' would link LA-SF in 30 mins, if built

During a Tesla earnings call Thursday, Musk said he would reveal plans for the Hyperloop on Monday. But he said he is too focused on other projects to consider actually building it.

"I think I kind of shot myself by ever mentioning the Hyperloop," he said. "I don't have any plans to execute, because I must remain focused on SpaceX and Tesla."

He said he would fulfill his commitment to publishing a design, and he said he invites critical feedback after its release Monday to "see if the people can find ways to improve it." It will be an open-source design, meaning anyone can use it and modify it.

Also Thursday, Musk said during a Google Hangout with Sir Richard Branson about entrepreneurship, "It does involve a tube, but not a vacuum tube."

His hints and promises have prompted a flurry of online speculation.

Canadian John Gardi, a self-described "tinkerer," posted online and tweeted his conjecture a few weeks ago to Musk.

"I believe that Hyperloop is merely a modern day version of the pneumatic tubes used in banks, stores, and industry to move money and small items over long distances or to other floors of a building," he said.

Musk responded, "Your guess is the closest I've seen anyone guess so far."

Explore further: Oculus Rift users to see Moon live through robot

3.8 /5 (10 votes)
add to favorites email to friend print save as pdf

Related Stories

Tesla CEO vows to pay off US loan early

Feb 27, 2013

The chief executive of electric car maker Tesla Motors says his company plans to pay back an Energy Department loan in half the time required by the U.S. government.

PayPal, Tesla founder goes public on divorce

Jul 08, 2010

Elon Musk, the Web entrepreneur behind PayPal, Tesla Motors and SpaceX, published a lengthy account of his messy divorce proceedings on Thursday, saying he wanted to correct the record.

Tesla promises to add charging stations

May 30, 2013

Electric car maker Tesla Motors Inc. promises to boost the number of fast-charging stations in the U.S. and Canada to make cross-country travel by electric car possible in the next year.

Recommended for you

Oculus Rift users to see Moon live through robot

17 hours ago

A group from Carnegie Mellon wants to send a robot to the Moon to beam live pictures of the Moon to Oculus Rift headset users, reported technology reporter Jane Wakefield of the BBC. Andy the robot is intended ...

Skin icons can tap into promise of smartwatch

Oct 21, 2014

You have heard it before: smartwatches are cool wearables but critics remind us of the fact that their small size makes many actions cumbersome and they question how many people will really have them on their ...

Japan firm showcases Bat-Signal of the future

Oct 20, 2014

A free-floating image created by firing lasers into thin air was unveiled in Japan on Monday, offering the possibility one day of projecting messages into a cloudless sky, as seen in Batman.

User comments : 7

Adjust slider to filter visible comments by rank

Display comments: newest first

holoman
2 / 5 (4) Aug 12, 2013
Musk lives in a dream world.
krundoloss
2.3 / 5 (3) Aug 12, 2013
Was it not Einstein who said:
"Imagination is more important than knowledge. For knowledge is limited to all we now know and understand, while imagination embraces the entire world, and all there ever will be to know and understand."

So yes, Musk and everyone else lives in a dream world. We need dreamers to come up with crazy ideas that just might work! It must be conceived before it can be achieved. Was Musk in a dream world when he cofounded Paypal, or created Tesla Motors? This guy can get stuff done because he is not a doubter, he sees problems as challenges and frankly the world needs more people like him. His idea is probably far fetched, like a space elevator for example, but if it can be done, it would be amazing.
nowhere
2.8 / 5 (4) Aug 12, 2013
Musk lives in a dream world.

"On 22 May 2012, SpaceX's Falcon 9 rocket carried the unmanned Dragon capsule into space, marking the first time a private company has sent a spacecraft to the space station. The unmanned, cone-shaped capsule became the first privately built and operated vehicle to ever dock with the orbiting outpost."

For most, the sky's the limit. For a few, their dream's have no limit.
NikFromNYC
1.9 / 5 (7) Aug 13, 2013
The Atomic Age was only delayed by pagan, Romantic, commie Luddites, not cancelled:

http://blogs.smit...ube.jpeg

Where would us New Yorkers go though? Boston?!

"We should build more nuclear power plants. I think that's a better way to generate energy than certainly a coal power plant or a natural gas power plant." - Elon Musk
VendicarE
1 / 5 (1) Aug 13, 2013
zaxxon451
not rated yet Aug 17, 2013
Was it not Einstein who said:
"Imagination is more important than knowledge. For knowledge is limited to all we now know and understand, while imagination embraces the entire world, and all there ever will be to know and understand."


Maybe we can imagine a world of greater equality and economic opportunity instead of technological distractions.
zaxxon451
not rated yet Aug 17, 2013
Musk lives in a dream world.


He lives in a world too small to contain his ego.