Vast, a startup trying to build the world’s first commercial space station, is in talks to raise a $300 million funding round valuing the company at $2 billion, a person familiar with the matter told Forbes. Balerion Space Ventures will lead the round, the person said, noting talks are ongoing and the numbers could change.

Thus far, the Long Beach-headquartered company of about 1,000 employees has primarily been self-funded by Jed McCaleb, who made billions as the founder of cryptocurrency companies Ripple and Stellar. He has said he is willing to spend

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