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
On January 29, 2017, approximately one year after phase one of the Hyperloop pod competition, the MIT Hyperloop pod demonstrated the first ever low-pressure Hyperloop run in the world. Within this first competition the Delft University team from the Netherlands achieved the highest overall competition score. The awards for the "fastest pod" and the "best performance in flight" were won by the team WARR Hyperloop from the Technical University of Munich (TUM), Germany. The team from the Massachusetts Institute of Technology (MIT) placed third overall in the competition, judged by SpaceX engineers.