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South Korea’s Mirae Asset to invest $72 m in Space X in January 2023

South Korea’s Mirae Asset to invest $72 m in Space X in January 2023

According to regulatory papers made on Friday by the firms, affiliates of the South Korean Mirae Asset Financial Group intend to invest a total of 93 billion won ($72.43 million) in Space X in January 2023. According to a Mirae Asset Group spokeswoman who spoke to Reuters, Mirae Asset Securities Co Ltd and Mirae Asset Capital Co Ltd will invest 88.5 billion won and 4.5 billion won in Elon Musk’s rocket and satellite companies, respectively.

Separately, Mirae Asset Securities made an investment of 116 billion won in Space X through its fund in July.

In October, Mirae Asset Financial Group was planning to commit about 300 billion won to help finance Elon Musk’s Twitter deal.

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