JEFFERSON CITY, Mo. (AP) — Missouri elected officials and business leaders are teaming up to study the possibility of connecting Kansas City and St. Louis with an ultra-high-speed Hyperloop system.
Republican House Speaker Elijah Haahr announced the formation of the panel Tuesday. He said he wants members to present findings by September.
Hyperloop technology involves a tubular track through which a train-like pod carries passengers at speeds up to 640 mph.
It's not cheap. Some estimates have put the cost at $25 million to $27 million per mile, excluding land acquisition.