Turnips! (njwheelbarrow)

Race #469

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Official speed 51.10 wpm (76.56 seconds elapsed during race)
Race Start May 1, 2011 4:16:20pm UTC
Race Finish May 1, 2011 4:17:36pm UTC
Outcome No win (2 of 2)
Points 0.00
Text #463 (Length: 326 characters)

The basic concept is simple: a satellite in geosynchronous orbit is connected by cable to a stationary or mobile platform somewhere on Earth's equator. An elevator would ride up and down the cable at a fraction of present costs. Many sane and sober people believe that a space elevator will be constructed within this century.