Crypto Tycoon Drops $1 Billion On Private Space Station

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Cryptocurrency mogul Jed McCaleb is spending $1 billion of his own money to build a space station. The Ripple co-founder, worth about $3.2 billion from XRP holdings, now runs Vast Space, an aerospace company he started in 2021.

Space Station Launch Set For 2026

According to recent reports, Vast Space has completed designs for its first station called Haven-1. The station will launch in May 2026 using SpaceX’s Falcon 9 rockets. McCaleb’s company focuses on creating space stations with artificial gravity, a feature mostly seen in science fiction flicks, until now.

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