Tesla CEO and SpaceX CTO Elon Musk took to Twitter this afternoon to provide a bit more info on his Hyperloop project. According to the tweet, the 700-MPH transit system will get a test track where both companies and student teams can visit to test pod designs. What's more, he says Texas will be the likely home for it. SpaceX announced in August that its new rocket facility would be built in Brownsville, and The Lone Star State was a consideration for Tesla's Gigafactory, so it's clear Musk and Co. fancy the area. There's also the possibility of an annual student competition, similar to the Formula SAE Series. Let's be honest: who wouldn't want to see some super high-speed pod racing?