Shortly after Virgin Hyperloop One provided the first-ever testimony by a hyperloop company before a U. S. Senate Committee, Virgin Hyperloop One announced today the findings of another first – a feasibility study on the establishment of a hyperloop system in the United States at VERGE18, one of the most prominent annual sustainability-focused conferences in the world.

Elon Musk's Boring Company recently revealed a map outlining its proposed underground loop between Baltimore and Washington D.C. The system, which would operate on two loops deep underground would deliver passengers to downtown stops in both cities in a 15-minute trip, The Baltimore Sun reported.

Elon Musk announced Nov. 28 that the Boring Company will bid for a contract to build and operate a high-speed Loop connecting downtown Chicago to O'Hare Airport, Fortune reported. Musk's announcement via Twitter came just as Chicago Mayor Rahm Emanuel requested proposals for an O'Hare Express.

The Colorado Department of Transportation (CDOT), E-470 Public Highway Authority and Arrivo — a next-generation transportation company engineering a hyperloop-inspired infrastructure and vehicle system — announced a public-private partnership to build the first ever “Arrivo” super-urban network to serve the greater Denver region.

With Maryland officials' support, Elon Musk's Boring Company will begin to dig the first miles of a tunnel that will hold his hyperloop as it travels from New York to Washington, D.C. The company will start construction beneath a 10-mile portion of Route 295 in Maryland, Bisnow reported.

Colorado transportation officials are looking at possibility of a Rocky Mountain hyperloop to curb traffic woes. Elon Musk's idea of a levitating transit pod that can reach speeds of 700 mph sounds as far-fetched as flying cars. You could travel from Fort Collins to Colorado Springs, a distance of about 125 miles with Denver in the middle, in less than 20 minutes.

Maryland Governor Larry Hogan just said to get ready for Elon Musk's Hyperloop. Hogan said on Twitter on Oct. 19 that he supports a Hyperloop connection between Baltimore and Washington D.C. "I think it's coming to Maryland and it's going to go from Baltimore to Washington, so get ready," Hogan said when asked his thoughts on the Boring Company's Hyperloop.

Colorado's dream of a futuristic transportation system that would move passengers and freight at speeds of nearly 700 mph using a pod and tube system is estimated to cost about $24 billion to build. The state's proposed route, named one of 10 global finalists this month by the Los Angeles-based Hyperloop One, accounts for the 360 miles connecting Denver to Pueblo, Vail and Cheyenne, Wyoming.

Hyperloop One recently announced 10 potential hyperloop routes worldwide it plans to research. Like Elon Musk's SpaceX, the California-based startup is dedicated to building a hyperloop transit system to make travel faster and easier than ever before.

Elon Musk's Hyperloop is facing some competition from a private company that has already secured $28 million in federal grant money for a feasibility study. The Northeast Maglev (TNEM), a U.S.-owned company founded in 2011, wants to build a high-speed train line between Washington, D.C., and Baltimore, a trip the company said would take 15 minutes.

Tesla Inc. and SpaceX founder Elon Musk dropped a bombshell announcement July 20, tweeting that he has received "verbal government approval" to construct a Hyperloop transit system that would connect New York City, Philadelphia, Washington, D.C. and Baltimore at incredible speeds, the Philly Voice reported.