Quay Valley, California
In March 2015, Dirk Ahlborn, the CEO of Hyperloop Transportation Technologies (HTT) in El Segundo, California announced a plan to build a hyperloop test system at the Quay Valley site. Ahlborn indicated that construction could begin in 2016 to be completed in 2017 with the first rides to begin in 2018 if his company can raise $100 million in funding. The company has said that this track will be a fully working and operational creation of the hyperloop, but that running speed will be reduced on the shortened track from Hyperloop's full potential. It is not decided whether a 5-mile loop or straight section will be constructed, and it may cross the Interstate bisecting the site. Ahlborn said that speeds up to may be possible. Quay Hays expects to break ground on the new community in 2016, including a working version of the Hyperloop, estimated to cost $100–150 million.
Virgin Hyperloop One
The original Hyperloop concept uses a linear electric motor to accelerate and decelerate an electromagnetically levitated pod through a low-pressure tube. The vehicle will glide silently for miles at speeds up to 670 mph (1080 km/h) with no turbulence. The system is designed to be entirely autonomous, quiet, direct-to-destination, and on-demand. Additionally, as Hyperloop is built on columns or tunneled underground, it eliminates the dangers of at-grade crossings and requires much smaller rights of way than high-speed rail or a highway. Virgin Hyperloop One has made substantive technical changes to Musk's initial proposal and chose not to pursue the San Francisco-to-Los Angeles notional route that Musk envisioned in his 2013 alpha-design white paper.