Speed relative to what?
EDIT: Sorry. That's not a very useful answer. What I mean is that you can't really start to work out the answer unless you know what to measure against. If we agree that the top of the tower can't move at light speed, because it breaks the laws of physics, let's agree to get it moving really, really fast.
So build a tower and measure its velocity with respect to a distant galaxy, and surprise surprise, it's already moving at a large fraction of the speed of light. Measure its velocity with respect to the surface of moon and it isn't moving at all.
Talking of fractions, I'd estimate that about one twentieth of the questions on this site contain a proposal for light-speed travel (or faster). Surely the FAQ section is long overdue?