BLUF

A space elevator, utilizing a tether extending from a geostationary satellite to Earth, holds the potential to drastically reduce the expenses associated with launching payloads into orbit. 

Summary

KEY POINTS:

  1. Building a space elevator could cost $10 billion and take 15 years.
  2. Finding a lightweight yet strong material for the tether is the main challenge.
  3. Graphene and Kevlar are alternative materials that have been proposed.
  4. Carbon nanotubes were initially considered but synthesizing them at the required length is difficult.
  5. Alternative technologies like reusable rockets and environmentally friendly fuels are also being pursued.

References