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- Sohrab Khawas
Sohrab Khawas
Sohrab is a passionate cryptocurrency news writer with over five years of experience covering the industry. He keeps a keen interest in blockchain technology and its potential to revolutionize finance. Whether he's trading or writing, Sohrab always keeps his finger on the pulse of the crypto world, using his expertise to deliver informative and engaging articles that educate and inspire. When he's not analyzing the markets, Sohrab indulges in his hobbies of graphic design, minimal design or listening to his favorite hip-hop tunes.
- Mar 21, 2025 07:10 UTC
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Crypto Billionaire Jed McCaleb to Replace ISS with Haven-1 Space Station – Here’s How
Jed McCaleb, a crypto billionaire, is funding Vast, a private space station venture aiming to launch Haven-1 by 2026.
Haven-1, launching with SpaceX, will be a short-stay commercial space station.
This project has a make-or-break period in the next two years.
Jed McCaleb, the founder of Mt. Gox and co-creator of Ripple, has made billions in crypto. But making money was never his end goal – he’s always been drawn to bold, high-risk ideas. Now, he’s taking his biggest gamble yet: building a private space station. His company, Vast, is developing Haven-1, a commercial space habitat set to launch by May 2026.
If he pulls it off, he could land a multi-billion-dollar deal with NASA and help replace the aging International Space Station (ISS). But if things go wrong, he stands to lose $1 billion – and perhaps the dream of seeing his vision take flight.
Haven-1: The First Step
Vast is developing Haven-1, a 33-foot-long space station that will launch with SpaceX in 2026. It will accommodate four people and offer basic amenities, but unlike the ISS, it won’t recycle water or air, making it suitable only for short stays.
NASA plans to retire the ISS by 2030, and Vast hopes to be ready with an alternative. If Haven-1 proves successful, the company aims to launch Haven-2 by 2028, bringing a larger space station with advanced life-support systems.
A Risk-Taker Willing to Go All In
McCaleb has always been known for taking big risks. His longtime friend and former business partner, Sam Yagan, describes him as “slightly eccentric” because of his willingness to take on massive challenges. His vision aligns with that of Elon Musk 
Elon Musk
Elon Musk is a technology expert, business leader, and the mind behind top corporations like Tesla and SpaceX. He is recognized as one of the leading influencers in the cryptocurrency industry. He encourages Bitcoin adoption, and his firm, Tesla, holds a substantial amount of Bitcoin. Musk also expressed support for Donald Trump during the U.S. Presidential elections.
He is one of the wealthiest people in the world and continuously involves himself in cutting-edge innovations. After conflicts with President Trump, Musk launched his party called the ‘American Party’, which also backs Bitcoin.
Quick Facts
Full name Elon Reeve Musk Birth 28-06-1971, Pretoria, South Africa Nationality American, South African, Canadian Education BA, BS from the University of Pennsylvania Known for Entrepreneur, Crypto Influencer
Elon Musk - Career Highlights & Events
2002 - Launched SpaceX for space exploration and became its CEO. 2023 – Announced crypto payment attributes for X 2024 – Advocated for crypto-based financial infrastructure at global occasions. 2025 - Established the American Party after disagreements with President Trump. NAsales@teslamotors.com EntrepreneurInvestorChief Executive Officer 
, as both believe in expanding human life beyond Earth.
“There are not that many folks who are willing to dedicate the amount of resources and time and risk tolerance that I am,” McCaleb told Bloomberg.
Vast has already secured multiple SpaceX launches for Haven-1 and future space modules. SpaceX will also provide critical parts like the docking adapter and Wi-Fi system.
McCaleb made his fortune in crypto. He launched Mt. Gox in 2010, which later collapsed in 2014. He then co-founded Ripple and owned 9% of XRP, gradually selling his stake over the years for about $3.2 billion. Despite his wealth, he has mostly stayed out of the spotlight, quietly pursuing ambitious projects.
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- Crypto News Today, 21st March : Pi Network, Trump News, Bitcoin Price Today, Ripple XRP News
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Competing for NASA’s Trust
Vast is up against major players like Blue Origin and Axiom Space. Unlike its competitors, however, it is entirely self-funded, giving it a unique advantage. Winning NASA’s contract in 2026 is crucial—without it, the company’s future remains uncertain.
Both McCaleb and Vast’s CEO, Max Haot, have even expressed interest in traveling to space themselves, showing their commitment to the project.
The next two years will decide whether McCaleb’s space gamble pays off or becomes another ambitious idea that didn’t take off. Either way, his track record proves he’s willing to take massive risks in the pursuit of something bigger.
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