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Elon Musk crowns WARR Hyperloop with 3rd consecutive win after record-breaking 290 mph run
WARR Hyperloop, a team of students from the Technical University of Munich, has been dubbed as the overall winner of the 2018 Hyperloop Pod Competition. During its winning runs, Team WARR’s sleek, aerodynamic pod was able to propel itself to speeds of 290 mph, breaking the record set last December by Virgin Hyperloop One’s pod, which hit the 240 mph mark.
As noted by SpaceX on the event’s official page, the competition for 2018 would be focused on a single criterion — maximum speed. This year’s competition only had a couple of requirements for the teams participating in the event. The Hyperloop Pods must be self-propelled, and they have to be fast. Very, very fast.
https://twitter.com/WARR_Hyperloop/status/1021256781106835457
Achieving top speed in SpaceX’s Hyperloop test track on its headquarters in Hawthorne, CA, is a challenge in itself. The test track, after all, is only 0.8 miles long, which requires the self-propelled pods to accelerate hard immediately from a standstill. In a press release last month, Team WARR stated that they are hoping to achieve 372 mph (600 kph) in this year’s competition. The team’s pod ultimately did not hit 372 mph, but its 290 mph run was enough to crown it the winner of this year’s Hyperloop event.
Elon Musk was in attendance at the 2018 Hyperloop Pod Competition. For their feat, Team WARR received a special token from the Tesla and SpaceX CEO — a signed, metallic model of Musk’s original Hyperloop pod design. With this win, WARR Hyperloop has managed to establish itself as the team to beat in SpaceX’s competition. The team of students from Munich, after all, has garnered the fastest pod award for three consecutive events.
- A token for the winning team, from Elon Musk. [Credit: WARR Hyperloop]
- WARR Hyperloop’s pod inside SpaceX’s test track. [Credit: WARR Hyperloop]
- WARR Hyperloop’s pod. [Credit: WARR Hyperloop]
- Team WARR celebrates after winning the 2018 SpaceX Hyperloop Pod Competition. [Credit: WARR Hyperloop]
- Elon Musk congratulates Team WARR for winning the 2018 SpaceX Hyperloop Pod Competition. [Credit: WARR Hyperloop]
WARR Hyperloop wins the 2018 SpaceX Hyperloop Pod Competition. [Credit: WARR Hyperloop/Flickr]
The three finalists for the 2018 Hyperloop Pod Competition were formidable teams. Apart from Team WARR, Team Delft from the Netherlands, which won the overall best pod award in SpaceX’s first Hyperloop competition, was also present. EPF Loop from Switzerland was also a finalist. When it came to the actual top speed attempts, Delft Hyperloop and EPF Loop were faced with misfortune.
Team Delft’s Hyperloop pod, for one, was only able to attain a top speed of 88 mph before stalling. The pod, which was the latest iteration of its winning design during the first Hyperloop Competition, was already showing problems in the week leading up to the event, including a fried circuit board not long before the competition. EPF Loop, on the other hand, was also met with complications that ultimately caused its pod to accelerate to speeds of only 55 mph.
Ultimately, WARR Hyperloop’s victory could very well be due to the engineering that went to the team’s pod itself. As noted by WARR Hyperloop in a press release, this year’s pod has been upgraded from a 50 kW electric motor to a system employing eight smaller electric motors with a total output of 240 kW or 320 hp. The pod is also smaller than its predecessor and is more aerodynamic in shape, allowing it to accelerate and stop without any problems.
Watch WARR Hyperloop’s teaser for its pod in the video below.
Elon Musk
The Boring Company’s newest tunnel vehicle runs on Tesla parts and no one is driving it
The Boring Company’s new tunnel vehicle runs on Tesla Model 3 batteries and drive units.
The Boring Company just introduced a new piece of hardware, and it runs on parts pulled straight from a Tesla showroom. Liner Truck 3, unveiled in a post from the tunneling company’s official X account, is an all electric vehicle built around Tesla Model 3 battery packs and drive units, purpose built to move concrete tunnel segments to the boring machine face without a single person underground.
Introducing Liner Truck 3 — our latest fully electric tunnel vehicle.
– Tesla Model 3 battery and drive units
– Transports 22,000+ lb of concrete segments to the boring machine
– 28 miles of range
– 12 mph max operating speed
– Remotely piloted from Global OCC in Texas, with… pic.twitter.com/XB7FgSXnpy— The Boring Company (@boringcompany) August 7, 2026
The job itself is unglamorous but critical. Each precast segment run weighs more than 22,000 pounds, roughly the load of a full cement mixer, and Liner Truck 3 hauls that weight repeatedly between the surface staging area and wherever the Prufrock machine happens to be cutting.
The Boring Company said Liner Truck 3 is piloted remotely out of its Global Operations Control Center in Texas, extending the Zero-People-In-Tunnel approach the company has spent years building toward. An earlier version of a ZPIT liner truck was already tested at the company’s Bastrop, Texas research tunnels, and a factory tour released last month showed an employee flying a fully loaded liner truck with a PlayStation controller. Liner Truck 3 looks like the production version of that same idea, cleaned up and pushed into daily use.
The timing lines up with a company digging in more places than it ever has before. The Boring Company now has multiple Prufrock machines active or arriving in Nashville, where Music City Loop construction has been accelerating since February, and its Vegas Loop network keeps adding tunnel mileage on a near monthly basis. Every one of those projects depends on getting concrete segments to the cutting face fast enough to keep the boring machine from idling, which is exactly the bottleneck Liner Truck 3 is designed to remove.
It also reinforces something Tesla owners have watched happen gradually across Musk’s companies: passenger car hardware finding a second life in heavy equipment. Model 3 drive units already move people through the Vegas Loop, and now the same components are hauling concrete underground in Nashville and wherever The Boring Company digs next. Whether that kind of component reuse extends further into TBC’s equipment lineup, or into other Musk owned industrial hardware, is the next thing worth watching.
Elon Musk
Elon Musk and SpaceX shrugs off the trading day Wall Street feared most
SpaceX stock did the opposite of what most of Wall Street expected this week, when the day designed to be its most dangerous turned into a rally, and the rally kept going.
Thursday marked the first major lockup expiration since SpaceX’s June IPO, making roughly 911.5 million insider held shares eligible to trade for the first time, more than doubling the company’s public float. Analysts and short sellers had spent weeks bracing for a flood of selling, especially after the stock fell 13 percent following its first earnings report as a public company on Tuesday. Instead, shares rose 6.1 percent Thursday to close at $114.92, and by Friday they were trading near $129, up more than another 12 percent on the day.
SpaceX shorts get warned by Musk ally, echoing Tesla’s early struggles
The setup made the outcome notable. Short interest had climbed to roughly 34 percent of the float heading into earnings, among the highest of any large cap stock, with about 95 percent of available shares to borrow already on loan. CEO Elon Musk warned short sellers twice in the weeks before the lockup, writing on X that “the survival probability of firms who maintain a significant short position in SpaceX over time is very low,” then following up on the morning of earnings with “I try to warn them, but they just double down.”
When the newly unlocked shares hit the market and the selloff never showed up, some of that short position appears to have started unwinding. TipRanks reported that options activity shifted toward bullish strategies like put selling and risk reversals following the rally, with roughly $600 million in options premium trading Thursday alone. Retail buyers also stepped in during the earnings dip, according to Vanda Research.
The fundamentals behind the stock have not changed much in a week. SpaceX’s revenue nearly doubled year over year to $7.8 billion, with Starlink subscribers doubling to 12 million and the company’s AI segment growing 247 percent. What spooked investors on Tuesday was the spending side. Capital expenditures jumped to more than $18 billion for the quarter, up from $2.8 billion a year earlier, with AI investment alone rising from $749 million to $15.8 billion. Wall Street remains split on whether that spending is building infrastructure SpaceX needs or outrunning what the business can currently support, a debate Teslarati has tracked since shares first came under pressure.
None of that resolves the bigger question hanging over the stock. Thursday’s release was only the first of nine staggered lockup tranches, with roughly $800 billion worth of additional shares scheduled to become eligible through October, and Musk’s own stake stays locked until next June. If this week is any indication, the market is treating that supply as something it can absorb rather than something to fear, at least for now.
News
The Boring Company’s newest Vegas Station has a permit quietly waiting behind it
Sahara Las Vegas opened a new Vegas Loop station, joining an exclusive two resort transit club.
Sahara Las Vegas opened a new Vegas Loop station Thursday, giving The Boring Company’s underground transit system its northernmost stop yet on the Strip. The station sits at Sahara’s Paradise Road entrance, on the southeast corner of Las Vegas Boulevard and Sahara Avenue, and connects riders to the Las Vegas Convention Center, other Strip resorts on the network and, eventually, Harry Reid International Airport.
The addition makes Sahara the second resort, after Fontainebleau opened its own station in January, to get a stop built at street level rather than tucked into the property itself. Sahara now joins Westgate as the only two Strip resorts offering both a Vegas Loop station and a stop on the Las Vegas Monorail, giving guests two separate ways to get around without leaving the property.
The Boring Company just doubled its tunneling power in Nashville
The bigger news buried in Thursday’s announcement is what comes next. Boring Company has already secured its first permit to tunnel north of Sahara Avenue, extending the network beyond where it currently ends, even though permits to push the Loop toward downtown Las Vegas still haven’t been granted. Crews are also working on a two mile dual tunnel line running from Westgate to a planned station at 4744 Paradise Road, just north of Tropicana Avenue, that Las Vegas Convention and Visitors Authority CEO Steve Hill has said the company hopes to open in time for November’s Las Vegas Grand Prix.
Ridership has grown alongside the buildout. The Loop moved roughly 82,000 passengers during CONEXPO in early March, a total the company highlighted on its own X account at the time, and the system has now carried more than 4 million passengers through 11 open stations since it began running in 2021. The airport connector tunnels, meant to give the Loop a direct link to Harry Reid, have slipped past their original first quarter target and remain under construction, with Boring Company director Mike Baier saying that a full opening is still a few months out.
For Sahara, the calculation is straightforward. Convention traffic drives a large share of Loop ridership, and a station at the property’s front door gives conventiongoers one more reason to book rooms on the Strip’s north end instead of closer to the convention center itself.





