stp (slashdot)

Race #9

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Official speed 43.68 wpm (89.56 seconds elapsed during race)
Race Start May 13, 2012 12:58:24pm UTC
Race Finish May 13, 2012 12:59:54pm UTC
Outcome Win (1 of 4)
Accuracy 96.0%
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.