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.
Hyperloop pod competition
The outline of the original Hyperloop concept was made public in August 2013 by the release of a preliminary—or alpha level—design document by Elon Musk, with substantial design assistance from an informal group of engineers at both Tesla Motors and SpaceX who worked on the conceptual foundation and modelling of Hyperloop. The preliminary design called for a steel tube, operating in partial vacuum (nearly airless), utilizing pressurized vehicle "pods" to carry passengers or cargo that would ride on an air cushion driven by linear induction motors and air compressors. The alpha design included a notional route running from the Los Angeles region to the San Francisco Bay Area, paralleling the Interstate 5 corridor for most of its length, so that preliminary economic analysis might be done on the concept.
Responses to the design paper release included: "a flash of brilliance" and "hypercool" to "nothing new here" to "hype", "another science-fiction dream," and "completely impractical."