A group of MIT student engineers have won a competition to transform Space X co-founder Elon Musk’s transportation idea into reality. The group competed against 160 different universities from 16 countries to design a pod that would transport people ... speeds close to 700 miles per hour. The University of California, Irvine finished fifth in that competition. The top teams will build their pods and they’ll test them at the world's first Hyperloop test track being built adjacent to Space X headquarters in Hawthorne.