Space elevators are proposed structures that would transport satellites and shuttles into space without using rocket fuel by extending beyond the Earth's atmosphere. The elevator would use a ribbon made of carbon nanotubes anchored to the Earth and extending over 62,000 miles into space. Climbers attached to the ribbon would carry cargo and humans into space at 200 km/hr. Major challenges include damage from space debris and technical difficulties, but the elevator could provide low-cost space access without pollution if engineered successfully. Private companies and governments are working to develop the necessary technologies to potentially build a functioning space elevator by 2050.