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Elon Musk's Hyperloop vision races toward first public test

Hyperloop: The future of mass transit

On an open-air track in North Las Vegas, a group of engineers are about to send a futuristic train car hurtling along at 400 miles per hour.

It's the first public propulsion test of Hyperloop One's technology. The company is competing to turn the Hyperloop concept, Elon Musk's vision for super-fast ground transportation, into a reality.

On Tuesday, Hyperloop One-- previously known as Hyperloop Technologies -- announced that it was closing an $80 million round of funding. It now has more than 150 employees split between its Los Angeles headquarters and the new North Las Vegas test facility. Its first public test will take place Wednesday morning.

The company also announced its name change on Tuesday from Hyperloop Technologies to Hyperloop One, to avoid being confused with competitor Hyperloop Transportation Technologies.

Musk introduced the idea for a high-speed train in a pressurized tube in 2013. The idea is to...