The serial entrepreneur who founded the Mt. Gox crypto exchange and co-founded Ripple has shared new details about his ambitious space station company Vast, which he hopes will help expand the human race into a multi-planetary species.
In a March 20 interview with Bloomberg, Jed McCaleb confirmed that Vast is on track to launch Haven-1 — a commercial space station still under construction — into orbit by May 2026.
If McCaleb’s startup succeeds, it will be better positioned to win a lucrative contract from the US National Aeronautics and Space Administration to replace the International Space Station. Contracts are expected to be handed out in mid-2026.
If Vast fails or loses the NASA contract to a competitor, McCaleb could see $1 billion wiped from his net worth and the commercial future of his space station firm would be in doubt, according to the