Mifune (c9h13n)

Race #5067

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Official speed 129.32 wpm (30.25 seconds elapsed during race)
Race Start January 4, 2013 4:01:41pm UTC
Race Finish January 4, 2013 4:02:11pm UTC
Outcome No win (2 of 3)
Accuracy 99.0%
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.