137 Ventures has successfully raised over $7 billion for two new funds, boosting its assets under management to more than $150 billion. The funds will target investments in AI agents, robotics, and aerospace propulsion. The firm, an early investor in SpaceX, holds over 1% of the company's shares. With SpaceX anticipated to go public this year at a valuation potentially exceeding $1 trillion, 137 Ventures' stake could be valued at over $10 billion.