Fishner-Wolfson claims SpaceX was the only good space investment in 20 years
Justin Fishner Wolfson · SpaceX IPO: Inside the Firm That Owns 1% · Sourcery with Molly O'Shea · Jun 14, 2026 · at 15:31
Justin Fishner-Wolfson, Managing Partner at 137 Ventures, explains why 137 concentrated on SpaceX rather than diversifying across the space sector.
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“We looked at probably every SpaceX, or every space investment for, I don't know, 1520 years, and the good investment was SpaceX, and I think a lot of people thought, well, we should go invest in all these other things, and the answer is, you should invest in SpaceX.”
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“Well, I mean, they were, I mean, they were profitable for a very long time, and the launch business was, I mean, they were doing things that no one in the industry had accomplished, right?”
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“When we started OneThirtySet Ventures, we continued to invest really many times over the last 16 years. So, I don't actually know what the total count is, but we're, we've probably made two dozen investments in the company since we started the firm.”