Elon Musk's SpaceX Is About To Organize A Competition

Tesla's latest invention has been welcomed by a significant number of people.

The CEO of Tesla Motors, Elon Musk, has received good news, as a significant number of people have welcomed his latest invention. Tesla news reported that Mr. Musk had previously announced to develop a solar powered hyperloop transportation system. 

Mr. Musk’s space technology organization, SpaceX, had recently proclaimed to build a 1.6-mile test track for the facility. To benefit from the ideas of university students, the Space Exploration Technologies Corporation has decided to organize a competition.

Tesla news today informed that the event is scheduled to take place in June 2016, which would enable selected candidates to test and design their pods on the hyperloop test track that would be built near the corporation’s head office in Hawthorne, California. Interested applicants need to register at the competition page of the SpaceX website in order to participate in the contest.

Tesla Motors news affirmed that the company’s student-friendly event has succeeded in luring a significant number of students of more than 700 people in a short span of time. The transportation network’s idea has also attracted other sections of the society, as many companies have begun investing in the project, including Hyperloop Transportation Technologies and Hyperloop Technologies. These two organizations are not affiliated with the South African born entrepreneur and Californian organization in any manner.

Independent engineering teams have also been invited to participate in the event. Market experts stated that the space firm’s initiative would not only help it benefit from the ideas of the students but also improve its reputation. Interested stakeholders can apply till 15^th September. 

Mr. Musk has previously compared the venture with a number of products, such as rail gun, air hockey table, and Concorde jet. It is expected that the electric-powered transportation network would cover a distance of 644 kilometers and connect Los Angeles to San Francisco.

Social media sources indicated that the transportation project would be completed in a time span of at least 84 months. The new system would cost less than $6,000,000,000. The passenger-friendly rail service would be able to cover a five and a half hour long distance in a time span of 1800 seconds.

Industry experts believe that the competition would polish the skills of the applicants. SpaceX’s management should now take steps to host the competition in the best possible manner to successfully conduct the event, or it would fail to receive the feedback that is required for the development of the technologically advanced network.

Many students have logged up for the contest. This ensures a healthy competition among the participants from different regions. Their contributions would measure the effectiveness of the firm’s plan. The corporate image of the organization has influenced people and compelled them to sign up for the event.