Elon Musk's Dream Of Hyperloop Has Arrived; A Levitating Train That Can Go As 760 MPH

First Posted: May 13, 2016 05:00 AM EDT

The futuristic levitating train called "Hyperloop" is finally in works. The Hyperloop Transport Technologies (HTT) is building a levitating train with a high speed of 760mph.

Nature World News reports that Elon Musk has released a paper how hyperloop can work in 2013. On the other hand, he said that he will not build it because of Space X and Tesla.

Today, the HTT is working on the billionaire rocketeer's idea and making it materializes. Rob Lloyd, the CEO of the Hyperloop One said that this was a major technology milestone, according to Wired. He further said that Hyperloop is faster, greener, safer and cheaper than any other mode of transportation.

The company describes it as the fifth great mode of transportation after the automobile, train, ship and airplane. It is more similar to a bullet train. On the other hand, Hyperloop can levitate.

Bibop Gresta, COO of Hyperloop Transportation Technologies explained that utilizing a passive levitate system will eliminate the need for power station along the Hyperloop track. This makes the system the most suitable for the application and will keep the construction costs low. The safety of the train is also guaranteed since it would not levitate if it is not moving fast. It only levitates if it reached 20mph, said HTT.

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