Written by Amira Shehata
Saturday, May 13, 2023 10:00 PM
A new billionaire joins space racewho will launch the first-ever commercial space station in 2025, Vast CEO Jed McCaleb announced that he is working with Elon Musk’s SpaceX to send Haven-1 into space and transport Astronauts to and from the vehicle.
According to the British newspaper “Daily Mail”, McCaleb, who has a net worth of about $ 2.4 billion, is known for developing the first legitimate cryptocurrency exchange, but he is now thinking beyond that.
The orbital station will be home to a crew of four, which may include astronauts and personnel, but the cost per seat has not been disclosed.
No private company has ever built and deployed a space station, making Vast the first in history if all goes as planned.
“Vast is pleased to be embarking on this journey to launch the world’s first commercial space station, Haven-1, and its first crew, Vast-1,” McCaleb said in a statement.
McCaleb added, “We are grateful to SpaceX for this exciting partnership that marks the first steps in Vast’s long-term vision of launching space stations into Earth orbit and beyond.”
McCaleb is an American programmer and entrepreneur known for founding the cryptocurrency exchange platform Mt.Gox in 2010. He will support the development of the spacecraft and has allocated $300 million to the company.
Haven-1 is designed to fit four crew members, with space to conduct science, research and manufacturing missions in space. The structure will also include onboard Wi-Fi Internet access and a dedicated room for exercise and rest.
The four-man crew will be launched inside the SpaceX Dragon capsule, which has ferried astronauts to and from the International Space Station.
SpaceX has agreed to provide astronaut training, space suits, and other services necessary to send the first crew to the vehicle, which is expected to last three years in space.
And space tourism will soon become a part of our lives, as billionaires spend their money to send the average person into orbit.
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