“The company is clearly going the route of a hyperscaler.” 137 Ventures has backed SpaceX for 16...

Venture capitalist Christian Garrett of 137 Ventures discusses SpaceX's rapid financial and operational growth, highlighting a 160% year-over-year top-line increase in Q3 and strong demand across its core business, Starlink, and AI compute infrastructure. Garrett notes that the company is trading at 20 to 30 times 2027 EBITDA as it scales into a dominant provider reminiscent of a hyperscaler. Open article →