Elon Musk’s Next Chapter: The Hyperloop

Tesla Model S

Fast cars, astronauts, and space ships — these are the things of little boys’ dreams. For most, growing up institutes a fairly dramatic reality check, and often only a minuscule fraction of the population are able to hold those dreams through adulthood to make a viable career out of them.

Elon Musk is one of those people, and like most high profile entrepreneurs, Musk can’t seem to sit still. After having played instrumental roles in the founding of Tesla Motors (NASDAQ:TSLA), Solar City (SCTY), and SpaceX (to say nothing of PayPal), Musk is already looking ahead at his next project.

Weighing in at roughly double the speed of a conventional aircraft, cheaper than a bullet train, and completely self-powered, Musk’s Hyperloop concept would skirt passengers from Los Angeles to San Francisco in half an hour (that’s nearly 400 miles, giving the Hyperloop system a theoretical top speed of 800 miles per hour).

Moreover, Musk — who has been leaving a trail of breadcrumbs about the system for over a year now — has said “that it could never crash, would be immune to weather.” Musk is due to reveal plans on the Hyperloop on Monday.

However, it seems that even dreamers like Musk have their limits. “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.”

Regardless of Musk’s plans for the Hyperloop after he releases his plans, the general public will be welcome to provide critical feedback on the idea, and “see if the people can find ways to improve it.” Indeed, Musk intends to turn the Hyperloop into an open-source public transportation system.

Musk further noted during a Google Hangout with Sir Richard Branson of Virgin Group about entrepreneurship, that “It does involve a tube, but not a vacuum tube.” John Gardi, a self-described “tinkerer,” posted online and tweeted his conjecture a few weeks ago to Musk, KSN reported.

“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,” Gardi said.

“Your guess is the closest I’ve seen anyone guess so far,” Musk responded.

However, Musk is by no means focusing his attention solely on Tesla and SpaceX. Last week, Musk also brought up the concept of an electric supersonic jet, and that ”If somebody doesn’t do that, maybe at some point in the future, I will.” The all-electric jet would theoretically take off and land vertically, go from London to Shanghai in about seven and a half hours, and wouldn’t require a long runway to take off or land.

Don’t Miss:5 Head-Turning New Cars Under $30,000.