Vast, the space startup founded by Ripple co-founder Jed McCaleb, is reportedly in discussions to secure $300 million in funding, valuing the company at $2 billion. The funding round is expected to be led by Balerion Space Ventures, though negotiations are still ongoing and details may change. McCaleb, who has self-funded the company so far, is prepared to invest up to $1 billion of his own wealth into the venture. Vast aims to construct the world's first commercial space station, with plans to launch its prototype "Haven-1" in 2026 and begin deploying components for "Haven-2" in 2028. This ambitious project is intended to eventually replace NASA's International Space Station.