Cyberfantasy Microscope

Space Elevator Opens

Space Race Event

Bubble “bursts” or at least the rocket/reentry bubble — because Sumitomo managed to get its space elevator online, drastically undercutting the price even SpaceX could charge to get things into orbit. The SpaceX success wouldn’t have occurred in the first place, but for the fact that the race to build the elevator was unusually brutal — everybody knew there was only room for one elevator (it would have the capacity for all space lifts for the foreseeable future), and that once built lifting would be cheap. And, of course, that the elevator was a HUGE fixed investment that couldn’t be hidden away, and so vulnerable to sabotage. Three other incomplete elevators dot the world, there builders largely bankrupted by the effort.

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