Jed McCaleb, the co-founder of Ripple and Mt. Gox, is investing $1 billion into Vast Space, a company he founded to create a replacement for the International Space Station (ISS), which is set to be decommissioned in 2030. This ambitious project aims to establish a new space station capable of supporting human life beyond Earth. McCaleb believes that investing in space exploration is crucial for human expansion off-planet. His approach stands out among other space entrepreneurs like Elon Musk and Richard Branson, focusing on the development of artificial gravity environments through rotating habitats. Vast Space's first module, Haven-1, is expected to launch in May 2026, with plans for additional units to create a larger, interconnected station. The project exemplifies a shift in space exploration towards private-sector involvement, addressing the need for commercial space stations that can facilitate research, tourism, and long-term habitation in orbit.

Source đź”—