i'd buy that for a dollar! (pentalon)

Race #27823

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Official speed 105.80 wpm (36.98 seconds elapsed during race)
Race Start September 21, 2013 7:13:33pm UTC
Race Finish September 21, 2013 7:14:10pm UTC
Outcome Win (1 of 3)
Accuracy 93.0%
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.