Really I was just commenting on the spider silk with carbon fibers that might add some of the needed strength and also permit sending power to whatever was crawling up the string of the elevator.
Again, I was just commenting on the OP and the fiber and not trying to get into space elevators in detail.
Because when I looked into space elevators, the main problem was getting the cable strong enough for its weight. So, with spider silk, already amazingly strong, with carbon, a first guess, or hope, for an application would be for a space elevator.
So, in response to the OP, I mentioned the cable, string, whatever, for skyhooks, space elevators, or whatever.
Again, my understanding is that space elevators are well enough understood and the main issue is just the cable. So, given the OP, I mentioned the cable, mostly just the cable, without digging into the well understood details of space elevators. I wasn't trying to discuss space elevators in general, just the cable and just in response to the OP.
If you make a very heavy counterweight, it just delays the inevitable pulling down, and its that much harder to get into orbit. There's no point.
It might even be possible to use tether-based propulsion for the counterweight, which wouldn't need any propellant at all but push against the Earths' magnetic field.
Also, there's really no need for the tether to be conducting. For one, you could just use carbon fiber, or have a single conductor mixed in with tensile fibers, or just use a solar panel, or just spin the whole thing (which gives you the real advantage of bringing you up to orbital velocity)