Home Fear & Greed Pools Wallets Dictionary Advertise Facebook Twitter Telegram Reddit Youtube
Market Cap:
24h Vol:
Cryptocurrencies: 13105
Markets: 101189
CoinInsight360.com logo CoinInsight360.com logo
ENG
EST
RUS
TUR
DEU
CHI
KOR
ITA
USD
USD
AED
AFN
ALL
AMD
ANG
AOA
ARS
AUD
AWG
AZN
BAM
BBD
BDT
BGN
BHD
BIF
BMD
BND
BOB
BRL
BTN
BWP
BYN
BZD
CAD
CDF
CHF
CLF
CLP
CNH
CNY
COP
CRC
CUC
CUP
CVE
CZK
DJF
DKK
DOP
DZD
EGP
ERN
ETB
EUR
FJD
FKP
GBP
GEL
GHS
GIP
GMD
GNF
GTQ
GYD
HKD
HNL
HRK
HTG
HUF
IDR
ILS
IMP
INR
ISK
JMD
JOD
JPY
KES
KGS
KHR
KMF
KPW
KRW
KWD
KYD
KZT
LAK
LBP
LKR
LRD
LSL
LYD
MAD
MDL
MGA
MKD
MMK
MNT
MOP
MRU
MUR
MVR
MWK
MXN
MYR
MZN
NAD
NGN
NIO
NOK
NPR
NZD
OMR
PAB
PEN
PGK
PHP
PKR
PLN
PYG
QAR
RON
RSD
RUB
RWF
SAR
SBD
SCR
SDG
SEK
SGD
SHP
SLL
SRD
SSP
STD
STN
SVC
SYP
SZL
THB
TJS
TMT
TND
TOP
TRY
TTD
TWD
TZS
UAH
UGX
UYU
UZS
VES
VND
VUV
WST
ZAR
ZMW
ZWL
America's Social Casino
Market Cap
24h Vol
13105
Cryptocurrencies
60.37%
Bitcoin Share
ZyCrypto 2025-03-22 20:59:22

‘Big, Bold Vision’ — Ripple Co-Founder Jed McCaleb Is Betting $1 Billion To Replace The International Space Station

‘Big, Bold Vision’ — Ripple Co-Founder Jed McCaleb Is Betting $1 Billion To Replace The International Space Station

While crypto enthusiasts declare they’re “going to the moon” when Bitcoin skyrockets, eccentric Ripple co-founder Jed McCaleb, is aspiring for the real thing. McCaleb, the sole founder of Vast Space, is ready to sink $1 billion into a commercial space station project dubbed “Haven-1.” Ripple Founder’s Ambitious Billion-Dollar Space Station Venture Jed McCaleb is betting his crypto fortune on Vast’s initiative to create the successor to the aging international space station. “It’s super important that people take this leap from where we are today to this potential world where there’s a lot of people living off the Earth,” McCaleb said during an interview with Bloomberg . “There’s not that many folks that are willing to dedicate the amount of resources and time and risk tolerance that I am.” The station, whose construction started earlier this year, will have 1,600 cubic feet of habitable space. The crypto mogul’s goal is to secure a lucrative contract from the US National Aeronautics and Space Administration (NASA) to replace the space station. McCaleb is attempting to pull off the monumental feat despite having very little experience in the aerospace sector. McCaleb, who co-founded the now-defunct cryptocurrency exchange Mt. Gox in 2010, went on to create the XRP crypto token on the Ripple protocol in 2012, and then Stellar (XLM) in 2014. He has an estimated $3.2 billion fortune — primarily from XRP sales — and is completely prepared to lose an eye-popping $1 billion if Vast Space fails to secure the NASA contract. NASA is scheduled to retire the International Space Station (ISS) in 2030 after approximately 30 years of research. The agency is partnering with private firms to launch its replacement. Ripple’s Chris Larsen Is Rooting For McCaleb’s Aerospace Plan McCaleb’s goal to expand the human race into a multi-planetary species draws similarities to centibillionaire and Tesla/SpaceX CEO Elon Musk. Musk recently rescued NASA astronauts Suni Williams and Butch Wilmore who had been stranded at the space station for nine months. “It’s super important that people take this leap from where we are today to this potential world where there’s a lot of people living off the Earth,” McCaleb told Bloomberg . To launch Haven-1 into orbit, Vast is teaming up with SpaceX, which will use its Falcon9 rockets to take Vast’s Haven-1 power modules into space. “This is a big, bold vision by Jed McCaleb,” Ripple co-founder and Executive Chairman Chris Larsen wrote on X. “America used to pursue new frontiers like this before skidding into bureaucracy and doubt. I’m rooting for Vast’s success.” A successful launch in May 2026 would significantly bolster Vast’s position in the fast-growing private space race, and winning a NASA contract would be key for the firm’s expansion in the long term.

Most Read News

Market Cap
24h Vol
60.37%
Bitcoin Share
0
Today News
Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.