New Frontier Fund
Big and Bold Vision: Ripple Co-Founder Jed McCaleb is Betting $1 Billion to Replace the International Space Station
In a bold move, Ripple co-founder Jed McCaleb has announced plans to replace the International Space Station (ISS) with a new, privately-funded space station, dubbed "Big and Bold Vision." The ambitious project aims to create a more sustainable and efficient space station, with McCaleb committing a staggering $1 billion to make it a reality.
According to McCaleb, the ISS has been in operation for over two decades and is showing signs of wear and tear. The new space station, which is expected to be completed by the mid-2020s, will be designed to be more modular, with interchangeable modules that can be easily added or removed as needed.
The Big and Bold Vision space station will also feature advanced life support systems, including air, water, and waste recycling, as well as a more efficient solar power system. Additionally, the new space station will have a larger capacity to accommodate more crew members and will be designed to be more resistant to space debris and other hazards.
McCaleb, who co-founded Ripple in 2012, has a long history of innovation and entrepreneurship. He has been involved in various projects, including the development of the XRP cryptocurrency, which has gained significant traction in recent years.
The Big and Bold Vision space station project is the latest example of McCaleb's commitment to innovation and his willingness to take bold risks. The project is expected to be completed by the mid-2020s and will be a major milestone in the development of space exploration.
McCaleb has stated that he is committed to making the Big and Bold Vision space station a reality and is working with a team of experts to bring the project to fruition. The project is expected to be completed by the mid-2020s and will be a major milestone in the development of space exploration.