A long-term bet on SpaceX’s vision could yield massive returns, useful context for a colleague following private market plays.
Quiet Investor's 15-Year SpaceX Bet Pays Off Story flow and key facts
Justin Fishner-Wolfson, a low-profile investor and founder of 137 Ventures, has quietly accumulated SpaceX stock since 2011, building a stake now valued at approximately $20 billion ahead of the company's historic IPO. His journey began in 2008 while working at Peter Thiel’s Founders Fund, where he monitored SpaceX after its early $20 million investment. Impressed by the company’s trajectory, he launched his own firm and doubled down, never selling a single share. His personal office even features a used SpaceX engine, symbolizing his deep commitment to the company’s mission.
Facts
- SpaceX is set to go public on June 13, 2026, with an expected market valuation of $1.77 trillion.
- Justin Fishner-Wolfson's firm, 137 Ventures, holds just over 1% of SpaceX, worth about $20 billion at IPO pricing.
- Fishner-Wolfson has not sold a single SpaceX share since his firm's first investment in 2011.
- He moved to Nevada in 2018, partly for tax planning in anticipation of the SpaceX windfall.
- He believes SpaceX could eventually be worth ten times its IPO valuation, though he acknowledges high volatility.
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