China's orbital outpost Tiangong was completed in 2022 and is hosting up to three astronauts at a time, [1]reports CNN .

But meanwhile U.S. lawmakers are now signaling there's not time to develop and launch a replacement for the International Space Station — considered the signal most expensive object ever built — before its deorbiting in 2030. A recent Senate bill [2]calls for the U.S. to continue funding it as late as 2032, but that bill still awaits approval from the U.S. Senate and the House.

But some private space companies are already building their alternatives:

> Private companies that are in the early design and mockup phase of developing these space stations are still waiting on NASA for guidance — and money... [NASA's "Requests for Proposals"] were delayed, in part because it took all of 2025 to cinch a confirmation for Trump's [3]on-again-off-again pick for NASA administrator, Jared Isaacman [confirmed in December]... Similarly, 2025 saw a 45-day government shutdown, the longest in history — adding another hiccup in the space agency's plans to begin formally soliciting proposals from the private sector. Companies now expect that NASA will issue its Request for Proposals in late March or early April, one CEO told CNN...

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> Several commercial outfits have recently announced big funding influxes aimed at speeding up the development and launch of new orbiting outposts. Houston-based Axiom Space announced a [4]$350 million funding round last month. Its California-based competitor Vast then notched a [5]$500 million raise in early March. Vast is determined to launch a bare-bones station to orbit as soon as possible, with or without federal input, according to the company. "Our approach is to actually not wait for (NASA) and get going and build a minimum viable product, single-module space station called Haven-1, which we're launching into orbit next year," Vast CEO Max Haot told CNN in a phone interview earlier this month. Similarly, Axiom Space is working toward a 2028 launch date for a module that it plans to initially attach to the ISS before breaking off to orbit on its own. A spokesperson told CNN that it the company is "committed" to winning the NASA contract money and may continue pursing such goals even without contract awards.

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> Still, there's lingering doubt that any of the companies pursuing space stations will be able to stay afloat without securing a coveted NASA contract or at least cinching significant business from the public sector.

The article includes "Another complicating fact: Russia, the United States' primary partner on the ISS, has not pledged to keep operating its half of the space station past 2028." NASA will eventually evaluate proposals for an ISS alternative from Vast, Axiom Space, Jeff Bezos' Blue Origin, Max Space and several competitors including Voyager Technologies, CNN notes, ultimately handing out an estimated $1.5 billion in contracts between 2026 and 2031.

And while those companies may wait decades before a return on their investment, the article includes this quotes from the cofounder/general partner of Balerion Space Ventures, which led the fundraising for Vast. " What's obvious to us is you're going to have multiple vehicles with myriad companies go into space. You're going to have vehicles leaving from celestial bodies, like the moon. And we need a habitat."



[1] https://www.cnn.com/2026/03/21/science/nasa-iss-space-station-retires

[2] https://science.slashdot.org/story/26/03/05/2248235/congress-extends-iss-tells-nasa-to-get-moving-on-private-space-stations

[3] https://www.cnn.com/2025/12/17/science/nasa-administrator-jared-isaacman-senate-vote

[4] https://www.axiomspace.com/release/axiom-space-secures-350m-financing-to-accelerate-space-station-spacesuit-development

[5] https://www.vastspace.com/updates/vast-secures-500m-in-funding-to-accelerate-production-of-haven-space-stations