MIT wins design competition for Elon Musk’s Hyperloop to move pods of people at speeds of 700mph.   MIT student engineers won a competition to transform SpaceX and Tesla Motors co-founder Elon Musk’s idea into a design for a Hyperloop to move pods of people at high speed.   MIT was named the winner on Saturday after a competition among more than 1,000 college students at Texas A&M university in College Station.   The Hyperloop is a high-speed ground transport concept proposed by Musk (left) in 2013 to transport ‘pods’ of 20-to-30 people through a 12-foot diameter tube at speeds of roughly 700 mph.