The Economic Times

California space station startup Vast cuts jobs after $500 million funding round as crypto billionaire Jed McCalebs company races to replace ISS

SpaceX-linked California startup Vast has cut 46 employees, or about 4% of its workforce, months after raising $500 million. The layoffs at Vast comes at a time when crypto billionaire Jed McCalebs company races to launch Haven-1 and develop a commercial replacement for the International Space Station. Vast's long-term plans sound like something pulled from science fiction like Elon Musk's Space-X.