the boring company to test the hyperloop!

Elon Musk's Boring Company says it will begin testing a full-scale Hyperloop transportation system later this year.

According to paper released by Elon Musk in 2013, Hyperloop is a public transportation system concept that consists of a low-pressure tube with capsules that are transported at both low and high speeds throughout the length of the tube.

Autonomous electric pods are expected to move passengers faster than 600 miles per hour, according to the Boring Company.  The company predicts that Hyperloop passengers will be able to travel from Washington, D.C., to New York in less than 30 minutes and D.C. to Baltimore in less than 8 minutes.

Founded in 2016, The Boring Company's mission is to solve traffic, enable rapid point-to-point transportation and transform cities by creating safe, fast-to-dig, low-cost transportation, utility, and  tunnels. The company is currently valued at nearly $6 billion.

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