The first Hyperloop is slated to be built next year in California. It’s not to be a test track but a fully operational, though only five-mile version, of the nouveau transportation system designed by Elon Musk. From Alex Davies at Wired:

The Hyperloop, detailed by the SpaceX and Tesla Motors CEO in a 57-page alpha white paper in August 2013, is a transportation network of above-ground tubes that would span hundreds of miles. Thanks to extremely low air pressure inside those tubes, capsules filled with people zip through them at near supersonic speeds.

The idea is to build a five-mile track in Quay Valley, a planned community (itself a grandiose idea) that will be built from scratch on 7,500 acres of land around Interstate 5, midway between San Francisco and Los Angeles. Construction of the hyperloop will be paid for with $100 million Hyperloop Transportation Technologies expects to raise through a direct public offering in the third quarter of this year.

They’re serious about this, too. It’s not a proof of concept, or a scale model. It’s the real deal. “It’s not a test track,” CEO Dirk Ahlborn says, even if five miles is well short of the 400-mile stretch of tubes Musk envisions carrying people between northern and southern California in half an hour. Anyone can buy a ticket and climb aboard, but they won’t see anything approaching 800 mph. Getting up to that mark requires about 100 miles of track, Ahlborn says, and “speed is not really what we want to test here.”

Instead, this first prototype will test and tweak practical elements like station setup, boarding procedures, and pod design.•