Elon Musk's Next Project May Be a Vertically Launching Electric PlaneNow it seems Elon Musk is looking into how to make electric-powered planes.

In a brief Q&A for the Hyperloop Pod ceremony, Musk was asked to tell the audience about his “next great idea,” to which he answered—

“Well I have been thinking about the vertical takeoff and landing electric jet a bit more. I mean, I think I have something that might close. I’m quite tempted to do something about it.”

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This is not the first time anyone has ever considered creating an electric jet capable of vertical take-off and landing. In June last year, an electric aircraft managed to cross the English Channel for the first time. Denver-based Xti Aircraft Company has also been trying to raise funds to develop a prototype of an aircraft capable of a vertical-takeoff, which they claim may be ready in 3 years.

But as early as October of 2015, Musk started talking about the idea of creating a single aircraft that not only ran on electricity but was also able to take off vertically. “I think one could do a pretty cool supersonic, vertical takeoff and landing electric jet. That would be really fun… I have a design in mind for that,” he told Marketplace.