Hyperloop is a “Futuristic Fifth Form of transportation” a brand new concept given by explorer, inventor & engineer Elon musk in 2013. It is an ultra-high-speed transportation system in which levitated capsules/pods carrying passengers and cargo can travel in low-pressure tubes that are supported on the pylons to form a track and can reach up to a top speed of 760 miles per hour.
The Hyperloop has a pod-shaped design, similar to a subway tram, and travels through low pressure as in a vacuum tube.
The Hyperloop operates by sending specially designed "capsules" or "pods" through a steel tube maintained at a partial vacuum. The capsule floats on a 0.02–0.05 in (0.5–1.3 mm) layer of air provided under pressure to air-caster "skis".
Hyperloop works on the principles of magnetic levitation, electromagnetism and mechanics
The process in which a body is suspended freely in the air with no other support other than the magnetic field is known as magnetic levitation.
The hyperloop can run faster than many aeroplanes and railways.
“Be Anywhere, move Everything, connect Everyone” this is the essence of Hyperloop concept according to Hyperloop One company.