Crypto entrepreneur Jed McCaleb has decided to invest 1 billion dollars in Vast Space, a company planning to build the world’s first commercial space station.
McCaleb, known for founding projects like Mt. Gox, Ripple (XRP), and Stellar (XLM), will direct a significant portion of his funds, particularly from proceeds from XRP sales, toward Vast Space.
This 3.2 billion dollar investment aims to bring a new dimension to commercial space travel and make a significant contribution to the rapidly growing commercial space industry. This move highlights the increasing influence of the private sector in space activities.
