The Hyperloop, Elon Musk's vision of introducing people through pods inside a rapid or fast transportation system could be formally introduced and prepared for travellers by 2018, as indicated by a company that builds transportation track in California.

The very rich businessman initially disclosed and documented his futuristic thought in 2013, calling it a cross between a Concord, a rail firearm and an air hockey table. He distributed the 57-page design plan on both Tesla Motors' and SpaceX's web journals as a PDF accessible for download and for anybody to bring the idea to life.

One organisation attempting to make Musk's vision a reality, Hyperloop Transportation Technologies, said it has petitioned and requested for construction permits in Quay Valley, California, for a 5-mile track.

'We are announcing the filing of the first building permit to Kings County to the building of the first full-scale hyperloop, not a test track,' Bibop Gresta, the chief operating officer of Hyperloop Transportation Technologies, stated at the World Economic Forum that was happened in Davos, Switzerland during a CNBC/Trade Shift event.

Once actualised and represented on a bigger scale, Musk's plan envisions a Hyperloop that could carry passengers from Los Angeles to San Francisco in 30 minutes securely and effectively, beating out a costly high-speed rail venture.

The Hyperloop is a vast pneumatic tube like the framework used by a few healing centres to transport reports, documents, tests and pharmaceuticals in a more productive and efficient way. New York City likewise depended on a system of pneumatic tubes to transport mail during the first half of the 20th century. For human travel, Musk requires an expansive and large fan to be mounted to the front of a pod that would re-guide high pressure to the rear of the capsule, encouraging and facilitating even higher speeds.