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Justin Fishner-Wolfson

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  1. Sourcery with Molly O'Shea30 min

    SpaceX IPO: Inside the Firm That Owns 1%

    Justin Fishner-Wolfson, Molly O’Shea

    Co-founded by Justin Fishner-Wolfson, 137 Ventures manages $15 billion in assets by prioritizing a concentrated, secondary-first strategy that has enabled approximately two dozen distinct investments in SpaceX over sixteen years. The firm leveraged SpaceX's operational efficiency and leadership stability to fund a pivotal shift from cost-plus to firm fixed pricing, ultimately supporting the company's profitability and the economic viability of Starlink. As the private market anticipates a new listing cycle led by SpaceX, the firm continues to target durable enterprises while navigating a $240 billion secondary market that facilitates liquidity for employees and investors alike.