Ripple Joint Creation: Vast Company is expected to launch the still-under-construction commercial space station Haven-1 into orbit by May 2026

The serial entrepreneur who founded Mt.Gox cryptocurrency exchange and co-founded Ripple shared new details about his space station company, Vast, hoping that the company can help humans expand into a multi-planetary species. In an interview with Bloomberg on March 20th, Jed McCaleb confirmed that Vast hopes to launch its still-under-construction commercial space station Haven-1 into orbit by May 2026. If McCaleb's startup is successful, it will be more likely to win a lucrative contract from NASA to replace the International Space Station. The contract is expected to be issued in mid-2026. Reports suggest that if Vast fails or hands over NASA's contract to competitors, McCaleb's net worth could potentially lose $1 billion and the business prospects of his space station company would also be in doubt.