The plans for the much-acclaimed Hyperloop, a high speed transit system between Los Angeles and San Francisco, were released by Musk himself through Twitter at 1:30 Pacific / 4:30 Eastern ...

One of the tubes allowing vehicles to travel on magnetic fields is seen at the new European test center for hyperloop transportation technology which opens in Veendam, northern Netherlands ...

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Hyperloop technology is designed to transport passengers and cargo at record speeds of up to 700 miles per hour.

A hyperloop in northern Netherlands aiming to bring in a new era of transportation as advocates say it is more efficient than short haul flights, high-speed rail, and freight trucks.

The technology remains confined to the testing phase, but China has made breakthroughs in one of the biggest issues facing the concept.

Hyperloop, once trumpeted by Elon Musk, involves capsules floating on magnetic fields zipping at speeds of arund 700 kph (435 mph) through low-pressure tubes.

The tube is the heart of the new European Hyperloop Center that opens Tuesday and will be a proving ground in coming years for developers of the evolving technology.