The idea of spinning things as a means of launching spacecraft has real life grounding in the idea of space tethers. See for instance
<<wiki>>. Actual implementations aren't "tiny", and they don't move at half the speed of light. But one can use some of the design equations to see what would happen if one tried to make them smaller and faster. There will be some modest relativistic corrections from the wiki formula (which are classical). I believe these corrections will tend to make things worse for your idea, rather than better, so we are being optimistic by ignoring them. However, I believe at .5c these relativistic corrections should be much less 2:1, the gamma factor is only about 1.15.
Using some of the math of actual space tethers one can evaluate how far the idea can be pushed. See the sectionHere σ is the stress limit (in pressure units), i.e. the maximum force/unit area, and ρ is the density of the material.
The rotovator is one of the "best-case", it's faster than the circular hoop, but at this point can use either formula to get some idea of the numbers.
Next one looks at at this section on known materials that calculate the characteristic velocities of various materials. The theoretical value for carbon nanotubes (which may or may not be realizable) is, at 6 km/sec, very, very smallert than .5c.
So the basic conclusion is that even theoretically, the strongest known material (carbon nanotubes) won't reach your goal of .5c. One cannot "spin up" a cable made of carbon nanotubes to that sort of speed and expect it to hold together. Steel would be much worse.
So in order to do what you want, one would need to postulate the existence of materials that are much, much stronger than carbon nanotubes on a strength/weight basis.