With Elon Musk's next-generation transportation system, the Hyperloop, recently unveiled, many are calling into question moving forward with high-speed trains.Musk claims the Hyperloop will cost a fraction of what's need to pay for high-speed rail projects. For example, California's high-speed rail route from San Francisco to Los Angeles is currently budgeted at $68 billion for a trip that will take 3 hours. Musk said the Hyperloop aims to make the trip in 35 minutes -- and will cost just $6 billion to build.But with the Hyperloop still a dream, for now, high-speed rail is our best option for medium distance transportation. Here, we take a look at a few of the fastest trains in the world.The Frecciarossa 1000, seen above, also known as the V300 Zefiro and ETR 1000, is a next-generation high-speed train developed by Bombardier Transportation and AnsaldoBreda. The $2 billion, 220-mph train will go into service in 2015, making the trip from Rome to Milan in just 2.2 hours.
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