South Korean retail investors bought nearly $800 million of SpaceX shares on the stock's first day of trading, according to Korea Securities Depository data. Net purchases reached $796 million on Friday, making SpaceX the most popular U.S. stock among the country's more than 14 million individual investors. The single-day total exceeded cumulative net purchases of any other U.S. equity over the past three months. Global demand has pushed SpaceX shares 49% higher since listing, lifting its market value to $2.65 trillion, roughly $8 billion above Amazon. South Korean retail investors were unable to buy directly into the IPO, unlike investors in Japan and Australia, while Mirae Asset Securities, one of the underwriters, had offered access to select investors but ultimately received no shares, prompting the Financial Supervisory Service to expand its inspection of the firm.
Mirae Asset Daewoo Securities Co Ltd
Mirae Asset Daewoo Co Ltd
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