Ripple, Mt. Gox Founder Bets $1 Billion That He Can Replace the International Space Station
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Jed McCaleb, co-founder of Ripple and Mt. Gox, is investing $1 billion into Vast Space, a California-based aerospace company aiming to develop artificial gravity space stations. The company plans to launch Haven-1 in May 2026 and potentially replace the International Space Station by 2030, partnering with SpaceX for rocket launches.
March 22, 2025 | 5:15 pm
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NEUTRAL IMPACT
McCaleb's $1 billion investment in Vast Space, funded by XRP sales, demonstrates potential alternative investment strategies for cryptocurrency entrepreneurs.
While the news doesn't directly impact XRP's price, it highlights the financial flexibility of crypto entrepreneurs and potentially signals broader investor confidence.
CONFIDENCE 70
IMPORTANCE 40
RELEVANCE 50