Is it a train? Is it a plane? No, itâs the âHyperloop,â a hybrid new form of transportation that is the brainchild of Elon Musk, a serial entrepreneur who was a co-founder of PayPal and is chairman of Tesla Motors.
On Monday, Mr. Musk announced his plan to unveil designs for this new type of train, which he hopes to build and which, he says, can travel as a puck does on an air hockey table.
âWill publish Hyperloop alpha design by Aug. 12,â Mr. Musk wrote on Twitter on Monday. âCritical feedback for improvements would be much appreciated.â
A trip from San Francisco to Los Angeles takes almost six hours in a car. By bus itâs an excruciating nine hours. Although a flight takes one hour and 15 minutes, when the drive to the airport and tarmac time are factored in, itâs a four-hour trip. Bloomberg Businessweek quoted Mr. Musk in September as saying that Mr. Musk that the Hyperloop would be able to take people to San Francisco from Los Angeles in 30 minutes. Thatâs a speed of almost 800 miles per hour.
Mr. Musk has described the Hyperloop as the âfifth mode of transportationâ and says it is a hybrid between a train and a plane.
The proposed cost of the Hyperloop between Los Angeles and San Francisco is $6 billion. California is now working on plans to build a dramatically slower train system between the two cities that is expected to cost $60 billion.
While responding to people on Twitter, Mr. Musk said the design he planned to release in August would not be patented. âI really hate patents unless critical to company survival,â Mr. Musk wrote. âWill publish Hyperloop as open source.â
âWhat you want is something that never crashes, thatâs at least twice as fast as a plane, thatâs solar-powered and that leaves right when you arrive, so there is no waiting for a specific departure time,â Mr. Musk told Bloomberg while describing his vision of the Hyperloop last year.