HyperLoop details to be revealed today.

Billionaire entrepreneur Elon Musk has promised to finally unveil plans for his “Hyperloop” system today, having dropped hints about it for around a year already.

According to Musk, the system will be twice as fast as an airplane, cheaper than a bullet train and completely self-powered, while able to make the trip from Los Angeles to San Francisco in 30 minutes. While for most people that would be a far fetched claim to make, this is the guy behind SpaceX, PayPal, and Tesla, so it’s worth keeping an eye on.

Musk says the design will be open source, and he will only be publishing the design for others to use. There’s a great infographic about the system here.