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In August 2013, Elon Musk proposed a new form of transport that shoots a capsule through a tube at 4000m/hr. This is the HyperLoop Concept. Elon Musk never really helped with the actual company though. He put it on his website and said "Anyone can have a go at this". The people who took on the job made the name "HyperLoop" and designed the logo.
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