Hyperloop transportation technology(HTT) is a new way to move people and things at the speed of airline. It was first invented by Space X CEO Elon Musk in 2013. Now, Space X will organize another Hyperloop event in this year.

This event will focus on one element, and that is speed. The competition will be a one-mile test track in Hawthorne, California. It has the potential to take the passenger pod technology to the next level, reported by Inverse. This technology is very helpful for those living and working in cities.

Space X CEO Elon Musk and his company have no direct investment for development the proposed technology. But still, Space X is helping to organize various event like Hyperloop one and Hyperloop two. Since January's contest in California saw the best three teams.

In January, Hyperloop one teams are judged on their levitation, braking, control, high-speed acceleration, and telemetry. In the summer of 2017, Space X will again host a second test, called Hyperloop two. But August's competition will have one major difference, and it's all about speed, Digital Trends reported.

In 2013, Space X built the best vehicle for traveling through in Elon Musk's Hyperloop. There were 30 teams invited for working on pods that are really big enough to fit people. Though, during the competition vehicle was empty. Now the company has decided to recall them in this summer for their second test.

The teams will have to push their pods to the extreme and exhibiting how fast it can move along with Space X's, especially for long track. A team from Delft University in the Netherlands flowed victorious after gaining the highest score. They designed a carbon-fiber pod featured with special break system and stabilization system.

The upcoming speed test contest will be arranged on August 25 through 27. It will be a glorious moment for Elon Musk's Space X if their winning team achieves a breakthrough for the second Hyperloop project.