Ripple and Stellar co-founder Jed McCaleb is investing a significant portion of his cryptocurrency earnings to fund Haven-1, the first private space station, set to launch by 2026.
McCaleb made billions from selling XRP and is willing to risk up to $1 billion on this venture.
The co-founder faced criticism from some XRP supporters, who accused him of damaging Ripple’s value. He defended himself, stating he was transparent about his exit and that holders had the option to convert their tokens to Stellar Lumens.
Jed McCaleb, co-founder of Ripple and Stellar, is using his cryptocurrency wealth to fund space exploration. His new company, Vast Space, is set out to launch Haven-1, the first ever private space station, by 2026.