A 3D-printed miniature model of Elon Musk and a SpaceX logo are seen in this image created on Jan. 23, 2025. (Reuters-Yonhap) South Korea's Hanmi Semiconductor Co. said in a regulatory filing Friday that it is seeking to acquire 50 billion won ($32.9 million) worth of shares in SpaceX, ahead of the US space company's stock market debut.The investment, equivalent to around 7.24 percent of equity, comes amid the company's prospects on the "growth potential of Elon Musk's Terrafab and SpaceX, amid an explosive demand on advanced chips, aerospace and satellite technologies and artificial intelligence," according to the filing.Terrafab is a vertically integrated semiconductor manufacturing complex spearheaded by Musk, involving Tesla, SpaceX and xAI, an AI company founded by the US billionaire.The facility is expected to start operations in 2028. Some 80 percent of chips produced from there will be used in data centers of SpaceX, while the rest will be topped on vehicles of Tesla as well as its Optimus robots."We will reinvest the expected future returns into our core semiconductor equipment business to seek sustainable growth, while enhancing shareholder value," an official from the South Korean company said.SpaceX is scheduled to go public on the tech-heavy Nasdaq exchange on Friday. Its initial public offering price is set at $135 per share, bringing its total market capitalization to around $1.8 trillion. (Yonhap)
S. Korea's Hanmi Semiconductor to acquire shares of SpaceX
South Korea's Hanmi Semiconductor Co. said in a regulatory filing Friday that it is seeking to acquire 50 billion won ($32.9 million) worth of shares in SpaceX,
Hanmi Semiconductor buys 7.24% of SpaceX ($32.9M) ahead of $1.8T Nasdaq IPO, betting on Musk's vertically integrated Terrafab chip complex. Terrafab links SpaceX data centers, Tesla vehicles, and xAI demand—consolidating control of next-gen AI semiconductor supply from 2028.














