PANews reported on May 1 that, according to TechfundingNews, 137 Ventures, an early investor in SpaceX, announced that it has completed fundraising for two new funds totaling more than $700 million, bringing its assets under management (AUM) to over $15 billion. The new funds will support its pursuit of investment opportunities in areas such as AI agents, robotics, and aerospace propulsion.

It is understood that 137 Ventures currently holds more than 1% of SpaceX's shares. With SpaceX expected to seek an IPO this year, with a valuation that may exceed $1 trillion, 137 Ventures' holdings may be worth more than $10 billion.