INSIDE ‘ECCENTRIC' RIPPLE FOUNDER'S MULTIBILLION-DOLLAR SPACE STATION PLAN

Summary from the TLDR newsletter

Jed McCaleb, the serial entrepreneur who founded Mt. Gox and Ripple, has a new company, Vast, that is on track to launch a commercial space station into orbit by May 2026. Vast is building its spacecraft with components developed by SpaceX. If it succeeds, it will be better positioned to win a lucrative contract from NASA to replace the International Space Station - if it fails, McCaleb could see $1 billion wiped from his net worth. Vast is competing with Axiom Space, Voyager Space Holdings, Lockheed Martin, and Blue Origin to win the NASA contract.