S. Korea's Mirae Asset to invest $72 million in SpaceX in January 2023

Asian Tech Press (Dec 23) -- South Korea's Mirae Asset Financial Group plans to invest $72 million in Elon Musk's SpaceX in January next year.

Mirae Asset Financial Group's subsidiaries plan to invest 93 billion won ($72.43 million) in SpaceX in January 2023, the companies said in regulatory filings Friday.

Mirae Asset Securities Co. Ltd. and Mirae Asset Capital Co. Ltd. will invest 88.5 billion won and 4.5 billion won, respectively, in Tesla CEO Elon Musk's private rocket company SpaceX, a Mirae Asset Financial Group spokesperson said.

Mirae Asset Securities also invested 116 billion won in SpaceX through a fund in July this year.

In October, Mirae Asset Financial Group had planned to contribute about 300 billion won to finance Musk's deal to acquire Twitter.

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