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Crypto Billionaire Partners With SpaceX to Launch First Fully Private Space Station in 2025

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Overview

  • Vast, a company founded by billionaire Jed McCaleb, is planning to launch the first fully private commercial space station in low Earth orbit in August 2025 in partnership with SpaceX.
  • The space station, called Haven-1, will accommodate up to four crew members for stays of up to 30 days to conduct scientific research and manufacturing.
  • McCaleb is personally investing $300 million to fund the initiative.
  • Haven-1 will leverage life support systems from SpaceX's Dragon spacecraft.
  • Vast hopes to eventually create a massive space station with artificial gravity that could launch on SpaceX's Starship rocket.