El_Doctoro, Overmind_x - v0.3.2 has just been released and fixes this bug. :) You may or may not have to pick up and put down the space elevator again - in my testing the construction just began again without needing to interact with the space elevator.
The "Item Ingredient Shortage" is an unintended display bug from the base game's rocket silo (the space elevator is based off that entity) so you can safely ignore it. :) In a future update I will likely swap off this entity so I can remove that status message.