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

Race #54750

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Official speed 104.92 wpm (37.29 seconds elapsed during race)
Race Start October 23, 2014 10:51:34pm UTC
Race Finish October 23, 2014 10:52:11pm UTC
Outcome Win (1 of 2)
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.