Scientist Imagines Elevator Reaching 62,000 Miles Into Space: This seems so wrong on so many levels.
President Bush wants to return to the moon and put a man on Mars. But scientist Bradley C. Edwards has an idea that’s really out of this world: an elevator that climbs 62,000 miles into space.
Edwards thinks an initial version could be operating in 15 years, a year earlier than Bush’s 2020 timetable for a return to the moon. He pegs the cost at $10 billion, a pittance compared with other space endeavors.
Wikipedia has a huge article on this concept, in which they say this:
A space elevator would present a considerable navigational hazard, both to aircraft and spacecraft. Aircraft could be dealt with […], but spacecraft are a more difficult problem. Over a long period of time all satellites with perigees below geostationary altitude would eventually collide with the space elevator, as their orbits precess around Earth.
Yeah, that sounds safe.