Next week, Musk's SpaceX is hosting a capsule design competition where high school and college students will present designs in hopes of winning a $ 50,000 prize and the opportunity to work with
HTT competitor Hyperloop Technologies.
Not exact matches
Hyperloop Tech's rhetoric may even show, albeit in a backhanded way, that it takes
HTT seriously as a long - term
competitor.
Last fall, Hyperloop Transportation Technologies (
HTT), a
competitor with a similar name, said it would build a five - mile test track in central California.
The company's name change, also announced today, will differentiate the two - year - old startup from its
competitor Hyperloop Transportation Technologies (
HTT).