Mt. Gox and Ripple co-founder Jed McCaleb share their space station company Vast's multi billion dollar space station plan

According to Cointelegraph, the cryptocurrency exchange Mt Jed McCaleb, a serial entrepreneur who co founded Ripple with Gox, shared new details about his space station company Vast, hoping that the company can help humans expand into multi planetary species. In an interview with Bloomberg on March 20th, McCaleb confirmed that Vast is expected to launch Haven-1 (a commercial space station still under construction) into orbit before May 2026. If McCaleb's startup is successful, it will have a greater chance of winning a lucrative contract from NASA to replace the International Space Station. The contract is expected to be issued in mid-2026. If Vast fails or loses the NASA contract to a competitor, McCaleb's net worth may decrease by $1 billion, and the commercial prospects of its space station company will also be questioned. McCaleb said, "Not many people are willing to invest as much resources, time, and risk tolerance as I do Vast is using the components developed by SpaceX to build its spacecraft, such as the docking adapter that connects SpaceX's dragon spacecraft with Vast's space station, and the space Internet system that provides WiFi on the space station through Starlink. McCaleb's company has also booked flights with SpaceX to put its hardware into orbit and transport the crew to its space station. SpaceX has agreed to transport astronauts for Vast, subject to NASA approval. Vast is competing with companies such as Axiom Space, Voyager Space Holdings, Lockheed Martin, and Blue Origin founded by Jeff Bezos to win NASA's next major contract.