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Wonder elevator to make space travel lot cheaper

Talks of space elevators may be doing the rounds for some time but a Canadian entrepreneur has now unveiled design of the world`s first space elevator that could make space journeys a lot cheaper.

Beanstalk-like `space elevators` come closer to reality

Researchers suggest that a space elevator consisting of an Earth-anchored tether that extends 62,000 miles into space could eventually provide routine, safe, inexpensive and quiet access to orbit.