#BloombergOriginals Can a Crypto Fortune Fund a New Space Station?
https://www.youtube.com/watch?v=hrIGg_8WTCQ
Can a Crypto Fortune Fund a New Space Station?
Jed McCaleb made billions of dollars on cryptocurrency. Now he’s prepared to lose a big chunk of that on a cosmic gamble. One of the original people behind the failed Mt. Gox Bitcoin exchange as well as the cryptocurrency XRP, he’s the sole financial backer of an ambitious effort to build the world’s first commercial space station and send it into orbit.
If he succeeds, his startup, Vast Space, may be well-positioned to win a lucrative contract from NASA next year—potentially worth billions of dollars—to replace the International Space Station. If it’s a bust, McCaleb could lose half of his fortune.
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00:00 Introduction 00:45 Vast’s Mission 01:12 The ISS’s Decomission 01:45 Vast’s Founder 05:00 Vast’s Race to Catch Up 05:47 That Machine Shop / Building a Space Station 09:04 The Speed of Private Industry 09:54 The NASA Contract 10:41 Vast’s SpaceX Contracts 12:04 Haven – 1 Qualification Primary Structure 12:36 An Uncertain Future
