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SpaceX just selected all the teams competing in its Hyperloop contest

Elon Musk Hyperloop Portrait Illustration
Mike Nudelman/Business Insider

Elon Musk's SpaceX just announced all of the teams that will be attending the first portion of its Hyperloop pod contest. 

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A SpaceX official told Tech Insider on Tuesday that 124 university teams from 20 countries will be competing in Design Weekend, which will be hosted the last weekend in January at Texas A&M University. 

In total, there will be more than 1,000 students participating in Design Weekend. 

A few of the teams attending include those from Carnegie Mellon University, Delft University of Technology, New York University, and University of Southern California.

A full list of teams competing can be found on Texas A&M's website

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The Hyperloop, of course, is the futuristic mode of transportation that consists of passenger pods shooting through tubes at speeds of more than 500 miles per hour. 

Teams attending Design Weekend will be showcasing their pod designs for a chance to compete in the final round of the competition, which will be hosted at the SpaceX headquarters in Hawthorne, Calif. 

SpaceX plans to build a one-mile test track where selected participants will be invited to test their pod design. 

The company recently shared measurements and other details about its test track with selected teams. 

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Musk is not commercially pursuing development of the Hyperloop, however, his contest is aimed at helping expedite research and development of the system.

Two California-based start-ups are also working on developing the technology, however, they are trying to eventually profit off the transportation system. 

Hyperloop Technologies, which is headed up by former Cisco exec Rob Lloyd, announced last week that it plans to begin construction on its first test track just outside of Las Vegas, Nevada. The test track, though, will not be enclosed and will only be a half-mile. It will be used to test its electrical motors, which will be sent down the track at speeds of 300 miles per hour. 

Hyperloop Transportation Technologies has also located its headquarters in downtown Los Angeles and is planning on beginning construction on its five-mile test track in Quay Valley, California sometime during the next few months. 

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