Seabiscuit (seabiscuit)

Race #601

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Official speed 136.48 wpm (28.66 seconds elapsed during race)
Race Start July 7, 2011 6:38:52pm UTC
Race Finish July 7, 2011 6:39:20pm UTC
Outcome Win (1 of 2)
Opponents 2. c9h13n (135.52 wpm)
Accuracy 95.0%
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.