Hyperloop Pod Competition II will take at SpaceX HQ in Hawthorne, California, over the weekend of August 25-27th, 2017. This time the scoring will be based purely on speed in the mile long Hyperloop track outside of SpaceX's headquarters.
The commercial company Hyperloop One has completed the first phase of their test track outside of Las Vegas, Nevada, and will begin testing their transportation system this year. They have 21 venture capital investors, with most of their funding coming from General Electric. Another large influx came from the Emirates who, if Hyperloop works out, want a system connecting their cities.