This sounds as if it was put together by several people, some up on the latest technology and some on the latest comic books.
In commercial transportation, there will be travel at 1000 m.p.h. at a penny a mile. Hypersonic passenger planes, using solid fuels, will reach any part of the world in an hour.
Adjusting for inflation, the prediction would mean coast-to-coast for about $210, which some of the low-fare carriers will do. And 600 mph is not so far off from 1000.
But, getting anywhere in the world in an hour is still way beyond current technology. I doubt if we will be able to do it before 2050-2075. Or maybe never -- if the price is so high that nobody really wants to pay it on a regular basis. Just like today, you CAN get a chopper to take you 20 miles to a ball game, for example, but virtually no one does.