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SpaceX’s Hyperloop competitors are preparing to set top speed records
The 2018 Hyperloop Pod Competition is set to be held this Sunday, July 22, 2018, at SpaceX’s campus in Hawthorne, CA. Participants for this Sunday’s event, which are comprised of roughly 600 students from 40 countries, will be aiming for one target alone — setting top speed records in SpaceX’s 0.8-mile test track.
As a teaser for this weekend’s event, Elon Musk recently shared images of some competitors already making preparations for the upcoming competition. Considering the theme of this year’s event, all 20 teams (comprised of 18 main competition teams and 2 levitation sub-competition groups) will be attempting to beat the top speed record currently held by Virgin Hyperloop One on the SpaceX test track. Last December 2017, Virgin Hyperloop One’s pod was able to reach a speed of 240 mph, beating out the record set by a Tesla-branded pusher pod that was able to hit 220 mph before it started heating up.
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- Participants for SpaceX’s 2018 Hyperloop Pod Competition prepare for the event. [Credit: Hyperloop/Twitter]
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- Participants for SpaceX’s 2018 Hyperloop Pod Competition prepare for the event. [Credit: Hyperloop/Twitter]
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- Participants for SpaceX’s 2018 Hyperloop Pod Competition prepare for the event. [Credit: Hyperloop/Twitter]
Participants for SpaceX’s 2018 Hyperloop Pod Competition prepare for the event. [Credit: Hyperloop/Twitter]
Among the student teams that would be participating this year, one group to watch would be WARR Hyperloop, a team from the Technical University of Munich that won the fastest pod award last year. The team was able to accomplish last year’s feat by designing a lightweight pod propelled by a 50 kW electric motor that runs on polyurethane wheels. The pod, which only weighed 190 pounds, was able to hit 202 mph, blowing away the speed records of its two biggest competitors — Paradigm Hyperloop and SwissLoop.
WARR Hyperloop’s team for this Sunday’s competition is comprised of 45 members from 16 different countries. In order to keep its top speed crown this year, Team WARR has created a new pod that is specifically designed to beat its old speed records and possibly even surpass the figure set by Virgin Hyperloop One. In a press release last month, the team from the Technical University of Munich stated that they are hoping their new pod could hit speeds of 372 mph (600 kph).
Another team that would be returning this year would be Delft Hyperloop from the Delft University of Technology. Just like Team WARR, Team Delft is also returning to the event as a champion, having won the overall top prize at SpaceX’s first event in January 2017. According to team leader Edouard Schneiders, Delft’s pod this year has a strong power-to-weight ratio, which would likely enable it to beat not only its competitors, but Virgin Hyperloop One’s 240 mph record as well.
Hyperloop technology has progressed over the years since Elon Musk first mentioned the idea of a “fifth mode of transportation” back in 2012. Since then, the idea has been picked up by companies in several countries, most notable of which is Virgin Hyperloop One’s project in Dubai, which is expected to debut as early as 2020. Earlier this year, Virgin Hyperloop One unveiled a 1:1 model of its transport pod, which features futuristic design elements and plush amenities.
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Elon Musk shed two new bits of detail on Starship following its 13th test launch, which was an overwhelming success.
SpaceX launched Starship for the 13th time last Friday after two delays: one on Monday when several Raptor engines did not ignite, and another on Thursday due to unfavorable weather conditions in Starbase, Texas.
The launch was overwhelmingly successful. SpaceX was able to complete a necessary test of the heat shield tiles by increasing the acceleration of Starship from launch throughout the flight; 20 Starlink v3 satellites were released with no issue; the Super Heavy Booster landed safely in the Gulf of America, Ship successfully reignited engines while in space; and it also splashed down without incident in the Indian Ocean.
SpaceX Starship just nailed something it’s never done before
Nevertheless, more details are coming out about Starship, and Musk is doing the talking.
Starship Will Be Retrieved in the Ocean
Musk revealed on Tuesday night that Starship would be recovered by a ship in the Indian Ocean. SpaceX routinely tries to recover Starship after splashdown in an effort to find out more about the flight by examining the spacecraft afterward.
We’re sending a ship out to recover Starship https://t.co/fUqUZTITO9
— Elon Musk (@elonmusk) July 28, 2026
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This helps engineers find out more about why things might have happened, allows them to examine any potential damage or anomalies that might have occurred, and increases the chances of an even more successful flight next time thanks to the additional information recovered.
Ship Could Have Been Caught by Tower Arms, Musk claims
Musk has already indicated that SpaceX will plan to attempt a catch of Starship with the 14th test flight. While this would be a major accomplishment, it would be an expected next step, considering the fact that the Super Heavy Booster has already been caught by the chopsticks on numerous occasions.
The ship landing was precise, meaning that it would have been caught by the tower arms https://t.co/6nbNrRfX9P
— Elon Musk (@elonmusk) July 29, 2026
A ship catch would be a great indication of where SpaceX stands in terms of reusability and launch cadence. A successful catch with relatively no incidents would be a good sign that SpaceX is nearing a more frequent launch of Starship, but also that the reusability of the massive rocket would be something many would expect in the near future.
It is a necessity to make life multiplanetary.
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Elon Musk has updated his timeline for when humans will walk on Mars and for when ships will simply get there.
The objective of getting to Mars has been one of Musk’s biggest goals since becoming a serial entrepreneur and realizing that time on Earth is limited. Musk has said several times he hopes to die on Mars, and not by impact.
Musk now believes that people will be on Mars in “roughly 5 to 7 years.” He said that a Mars lander will get there “a few years sooner.”
People on Mars in roughly 5 to 7 years.
Mars lander a few years sooner.
— Elon Musk (@elonmusk) July 29, 2026
The response from Musk comes after NASA Administrator Jared Isaacman said that SpaceX’s biggest priority is the Moon and not Mars. Because of this, Isaacman conceded that he believes nuclear power and propulsion investments will provide “potentially the pathway with the fewest miracles required to put four people on Mars in the next 10 to 15 years.”
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Of course, this is what NASA can do through taxpayer funding and nuclear investments, he added.
Musk’s grand ambitions are much more optimistic than most, and it is certainly a double-edged sword. This is not the first time timelines for Mars have been somewhat lofty, especially to those normal thinkers like you and me, not super geniuses like Musk.
In fact, the SpaceX and Tesla frontman has said on at least a dozen occasions that we could be on Mars in the coming years. Musk said 2020 would be the big year as early as 2009. In 2020, he was “highly confident” of a landing in 2026, and had even said 2024 in a best-case scenario.
The point is, the range has varied, and it’s anyone’s guess when we’ll get there. This latest adjustment to the timeline is typical of Musk, and while the Moon has seemingly taken priority over Mars, it is still worth mentioning that the ultimate goal is to make life multiplanetary, and it starts potentially with the Red Planet.
SpaceX (NASDAQ: SPCX) got an absolutely crazy price target rating from Raymond James after the company experienced a tough first few weeks following its Initial Public Offering (IPO).
Despite the tumultuous start, SpaceX has plenty of believers, and the company’s massively successful Starship launch last Friday, its 13th test flight of the massive rocket, went so smoothly that Raymond James analysts pushed its price target on the company to roughly 7 times its current trading level.
SpaceX Starship just nailed something it’s never done before
The firm officially put a “Strong Buy” rating and an $800 price target on the stock. It currently trades at around $113. Its all-time high is $225.64, reaching this trading level shortly after shares first went public.
Raymond James’ price target is tied to the firm’s confidence after Starship’s 13th test flight. Analysts at the firm said it was an incremental step that reduces engineering risks, citing the widely successful heat shield test that CEO Elon Musk recently detailed, the smooth deployment of Starlink V3 satellites, and a successful in-space engine relight.
SpaceX also managed to see Starship splash down safely in the Indian Ocean, while the Super Heavy Booster fell down to the Gulf of America with no incidents.
It is interesting to see these launches have such a tremendous impact on the stock and what investors think of it. After SpaceX initially delayed the Starship launch last week, shares fell tremendously. Most probably did not realize that the stand-down is a standard practice, especially if everything is not perfect.
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The mission was initially aborted due to an issue with Raptor engines. This was resolved, and Starship launched last Friday after another delay on Thursday, which was caused by weather.
Now that analysts have seen what SpaceX launches are capable of and how impressive the feat is, firms are adjusting their price targets accordingly, making it known that they have high expectations for the space exploration company.
Elon Musk sheds two new bits of detail on Starship after 13th test launch
Elon Musk updates the SpaceX timeline for Mars
