This Japanese company is building a space elevator

Space Elevator Project Begins Crowdfunded Experiment

It will be almost 60,000 miles long, carry 30 people at the time and take seven days to reach the top.

Your elevator pitch just got way longer thanks to Japanese construction company Obayashi, which set the goal to have a space elevator ready by 2050.

While the technical construction is very hard to achieve due to the extreme weight that the elevator has to support, new materials such as carbon nanotechnology offer a tensile strength that is almost a hundred times stronger than steal, according to Obayashi Research and Development Manager Yoji Ishikawa.

In an interview for ABC Australia, Ishikawa commented:

"Right now we can't make the cable long enough. We can only make 3-centimeter-long nanotubes but we need much more... we think by 2030 we'll be able to do it."

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