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Crypto whiz bid $28M for space seat (and is buying more)

The winner of June’s $28 million auction for a seat on Blue Origin’s suborbital spaceship revealed himself today — and is buying tickets for five more people to fly with him a year from now.

It would be hard to come up with a quirkier résumé than the one put together by Justin Sun, the 31-year-old crypto pioneer who put in the winning bid.

He’s a Chinese-born entrepreneur who founded the Tron cryptocurrency platform and serves as the CEO of Rainberry Inc., the file-sharing company formerly known as BitTorrent Inc.

Sun, a protégé of Chinese billionaire Jack Ma, recently became a citizen of the Caribbean island nation of Grenada. Last week he was named Grenada’s ambassador to the World Trade Organization in Geneva.

Although his net worth is currently estimated at a mere $200 million, he’s no stranger to high-stakes bidding. In 2019, he bid $4.6 million just to have lunch with billionaire Warren Buffett.

Sun said he was drawn to Blue Origin’s vision of sharing the spaceflight experience with the wider public.

By Alan Boyle

Mastermind of Cosmic Log, contributing editor at GeekWire, author of "The Case for Pluto: How a Little Planet Made a Big Difference," president of the Council for the Advancement of Science Writing. Check out "About Alan Boyle" for more fun facts.

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