It’s an old idea, nearly 300 years old, at least as old as Gulliver’s Travels from 1726 because Laputa was supposed to be lifted and moved in this way.
Use the Earth’s magnetic field to lift objects.
My first objection to this has been that in a uniform magnetic field, there’s plenty of torque on a magnet but no net force because forces on the north and south poles of a bar magnet cancel each other out. But that objection can be overcome by noting that on a large enough scale the Earth’s magnetic field is not uniform. The length scale required would be much less than that needed for a space elevator.
My second objection is that it would be an unstable equilibrium, any deviation from perfect alignment with the Earth’s magnetic field creates a torque that makes the deviation worse. But that objection can be overcome using computer controlled stability, as is done in for example fighter aircraft and quadcopters.
My third objection is that it wouldn’t work near the equator where the Earth’s magnetic field is near horizontal. But in fact it could work there when the magnet is held horizontal, the upward force would be created by the reduction in the strength of the Earth’s magnetic field with height.
So to my question.
Given present (or future) magnet technology, how much mass could the Earth’s magnetic field lift?