Thank you for the time and your beautiful feedback. Firstly, we will not be slingshot-ed out into the space as you've assumed but rather the initial velocity shall be maintained. In fact, in slingshots too, the velocities of the initial circular motion are first maintained before friction begins to dampened them. It is a physics phenomenon derived from the analysis of centripetal forces.

Thank you very much, @blockurator, for your beatiful comment and your gentle words.