SpaceX and xAI CEO Elon Musk speaks during a panel discussion during the 56th annual meeting of the World Economic Forum (WEF), in Davos, Switzerland, 22 January 2026. File Photo by GIAN EHRENZELLER / EPA
June 12 (Asia Today) -- Hanmi Semiconductor said Friday it will invest about 50 billion won, or $32.9 million, in SpaceX as part of a strategic move tied to future cooperation in artificial intelligence chip manufacturing.
The South Korean semiconductor equipment maker said in a regulatory filing it plans to acquire shares in SpaceX on Monday. SpaceX, founded by Elon Musk, is a private aerospace company known for rocket technology and its Starlink satellite communications service.
Hanmi Semiconductor said the investment was made with an eye toward potential cooperation related to Musk's Terafab project, an AI semiconductor manufacturing plan involving SpaceX, Tesla and xAI.
The project is aimed at building chip production capacity for Musk's companies, including SpaceX, Tesla and xAI, as demand grows for AI semiconductors, satellite data services and global network infrastructure.
