Elon Musk to Unveil the `Hyperloop' Design

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Aug. 12 (Bloomberg) -- Bloomberg's Ehren Goossens disucsses Elon Musk's High-Speed transportation plans with Deirdre Bolton on Bloomberg Television's "Money Moves." (Source: Bloomberg)

And we know that this was described as a cross between the concord and an ice hockey -- air hockey table and a car.

What will this look like?

We do not know yet.

They have created a market does.

You really see slonelon musk taking a page from steve jobs.

He really likes to get the market excited.

It is really wait and see.

There is a lot of talk about magnetic levitation.

It is all very site-by.

-- sci-fi.

Comfortable what would be to write it?

That is a big issue.

-- how comforable will it be to ride it?

Might be a form of window camera screen that you can see the outside as you are going by at 3,000 miles per hour.

Pretty interesting.

Musk said this is not his top priority.

He will give us more clues but has made it pretty clear he is focused on spacex, and telsa.

For sure.

He has even mention that on the calls.

He said he might also jump back in with tesla's help.

They have a lot of technology they have developed themselves.

There has been a lot of people floating that.

This is an idea he has been thinking about a lot.

He has been dipping in the solar side, too.

Who will pay for this?

That is a great question.

He is a billionaire.

He is a little money himself.

Ultimately a lot of the businesses he worked on before has relied a lot on public- sector investment.

So i think we can expect to see some sort of potential for public investment is well as private investment.

Thank you.

This text has been automatically generated. It may not be 100% accurate.

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