At Carnegie Mellon, a Futuristic Vision for Hyperloop, and the Finances to Match

Hype has only been building since Elon Musk announced he and SpaceX were launching a Hyperloop design competition to take place in the summer of 2016. The goal is simple: Design and build a human-scale Hyperloop pod, and run it down a one-mile test track being built by SpaceX in CA.  Among those teams is one comprised of students at Carnegie Mellon University in Pittsburgh. The team is hot off completing a successful crowdfunding campaign that raised over $10,000. That’s not even counting all the money the group has accrued by other means. hat’ll come in handy if the team is selected for a spot in the top 10 to test its pod at the competition’s finale in the summer. But does the tech stand up well enough? And that’s maybe one of the big differences that separates the CMU t10 from its competition The CMU team “works like a small business,” says Laine Mallet, an MBA candidate and a member of the CMU Hyperloop team.