MIT Designs Winning High-Speed Travel Pod

MIT student engineers won a competition to transform SpaceX and Tesla Motors co-founder Elon Musk's idea into a design for a Hyperloop to move pods of people at high speed. MIT was named the winner Saturday after more than 1,000 college students on more than 100 teams presented designs over two days at Texas A&M University. Delft University of Technology from the Netherlands finished second, the University of Wisconsin third, Virginia Tech fourth, and the University of California-Irvine fifth. The top teams will build their pods and test them at the world's first Hyperloop test track, being built adjacent to SpaceX's California headquarters. (Musk describes the Hyperloop as a cross between a Concorde, a railgun, and an air hockey table.)