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Hyperloop One shows us how fast we'll get from here to there

The startup has taken hyperloop technology from futuristic idea to an open-air test in just three short years.

Now Playing: Watch this: Crazy-fast Hyperloop testing carried out in Las Vegas
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Imagine you live in San Francisco. Now imagine that your partner lives roughly 500 miles away in San Diego and you work in the next state over in Las Vegas. Sounds like a good way to waste a lot of time traveling, doesn't it?

Concern over these kinds of distances will be a thing of the past if Hyperloop One has anything to say about it.

On Wednesday, Hyperloop One showed off its propulsion system during an open-air test just outside Las Vegas. The propulsion system shot a metal sled along a short track at 2.4 Gs, the rough equivalent of accelerating from zero to 53 miles per hour in one second.

Hyperloop One is one company trying to bring to life the futuristic transportation idea of Tesla and SpaceX CEO Elon Musk, which was first detailed in 2013. Here's how the company envisions a hyperloop network: A series of tubes will connect metropolitan areas. Anywhere from 10 to 30 passengers will load into a pod located inside a given tube. The tube is depressurized to as close to a perfect vacuum as possible, eliminating most air resistance. Using the power of magnets, the pods will reach speeds of up to 700 miles per hour.

The open-air sled at the Hyperloop One test track.

Emme Hall/CNET

Essentially, one set of magnets will constantly be pushing away from each other, while another set will be pulling toward each other, allowing the pod to accelerate from a standstill to 60 miles per hour in about 1 second.

While those kinds of G-forces are just fine for cargo, though, humans require a bit more subtlety. Hyperloop One engineers think any pods with passengers will accelerate at the same rate as a private plane, allowing those aboard to read, drink their coffee or have a conversation during trips.

Hyperloop One hopes to be moving cargo as soon as 2019 and predicts that it will be ready for passengers by 2021. It expects to do a full-scale test of its system late in 2016.

The company recently received over $80 million dollars in a second round of funding and also launched the Hyperloop One Global Challenge, a competition among individuals, companies and governments to be the first to host a hyperloop network. Hyperloop One provides the technology; the competitors submit a comprehensive case for how that technology should be used in their location.

The deadline for entry is September 15, 2016, with the winner being announced in March 2017.