Cryptocurrency mogul Jed McCaleb is spending $1 billion of his own money to build a private space station.
Vast Space, McCaleb's aerospace company, has completed designs for its first station, Haven-1, which will launch in May 2026 using SpaceX's Falcon 9 rockets.
The company aims to fill the gap left by the decommissioning of the International Space Station (ISS) in 2030 and support long-term human stays, scientific research, and space tourism.
Vast Space is competing for a NASA contract and plans to expand its modular stations in the future, while its work on artificial gravity could bridge the gap between science fiction and reality.