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Jed Mccaleb

All articles tagged with #jed mccaleb

cryptocurrency1 year ago

Stellar (XLM) Surges: Market Cap Soars and Gains 180% in a Week

Jed McCaleb, co-founder of Ripple and creator of Stellar, argues that Stellar's XLM is an underrated cryptocurrency due to its high transaction volume, simplicity, low fees, and robust features like stablecoin issuance and a decentralized exchange. He highlights Stellar's real-world usage, efficient smart contract platform Soroban, and developer-friendly documentation. McCaleb emphasizes Stellar's mission to revolutionize digital payments, especially for unbanked communities. Recently, XLM's price surged nearly 500%, partly due to regulatory changes affecting XRP.

space2 years ago

Billionaire-backed startup to launch first commercial space station with SpaceX.

Crypto tycoon Jed McCaleb, CEO of Vast, is teaming up with Elon Musk's SpaceX to launch the first-ever commercial space station, Haven-1, in 2025. The bus-sized orbital outpost will be home to a four-member crew in 2026, which could include astronauts and private individuals. Vast will also conduct the world's first spinning artificial gravity experiment on a commercial space station. The inaugural 30-day mission will be in 2026, but the cost per seat has not been revealed. Space tourism will soon be a part of our lives as billionaires spend their money to send the average person into orbit.

space2 years ago

Vast and SpaceX team up to launch first commercial space station.

Vast, a California-based startup founded by billionaire Jed McCaleb, plans to launch the first commercial space station in low Earth orbit with SpaceX as its launch partner. The company's first module, Haven-1, will be launched on a Falcon 9 rocket in August 2025, with a four-person crew to spend up to 30 days in orbit. Vast aims to build a 328-foot-long multi-module space station that will spin to produce artificial gravity. The company is seeking to beat competitors like Axiom Space to become the first to send a space station to low Earth orbit.