The space elevator concept is one of the highest-flying ideas out there: Imagine a super-strong tether swinging out, say, 100,000 miles from Earth's surface, with laser-powered robots shuttling up and down from a ground- or sea-based station to an orbital platform. If such a thing could be built, the idea's proponents say the system could cut the cost of putting cargo into space from $10,000 to $100 per pound.
The idea is at least a century old - and was most famously popularized by science-fiction guru Arthur C. Clarke, who once said the space elevator would succeed "50 years after everyone has stopped laughing."
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