SpaceX's low Earth orbit satellite communication service 'Starlink' is about to land in South Korea. The company has established a local subsidiary. With news that SpaceX plans to launch its satellite communication service in South Korea in the second quarter of this year, Mirae Asset Venture Investment, a subsidiary of Mirae Asset Securities that has invested in SpaceX multiple times and is planning additional investments, is showing strong performance. As of 11:20 AM on the 20th, the stock price of Mirae Asset Venture Investment is trading at 6,410 KRW, up 5.25% from the previous trading day.
According to related industries, SpaceX established 'Starlink Korea LLC,' a limited liability company dedicated to the Starlink business in South Korea, on the 8th. As a result, Mirae Asset Securities, which has invested in SpaceX, is receiving attention.
Mirae Asset Securities has invested more than 200 billion KRW in SpaceX over two rounds. Mirae Asset Securities' investment in SpaceX is known to be the only one among domestic financial companies. Mirae Asset Venture Investment is a subsidiary of Mirae Asset Securities.
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