Mirae Asset To Invest $72 Million In Space X

Credit: ANIRUDH/Unsplash

According to Reuters on Friday, affiliates of the South Korean Mirae Asset Financial Group want to spend a total of 93 billion won ($72.43 million) on Space X in January 2023.

Enormous contribution 

The person, who wished to remain anonymous owing to the delicate nature of the situation, claimed 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.

In regulatory papers, the South Korean businesses declared their intention to contribute a total of 93 billion won, but they did not specify their intended use for the money or make any reference to Space X.

Regarding the aim, Mirae Asset Financial Group declined to comment.

Separately, the individual added that Mirae Asset Securities invested 116 billion won through its fund in Space X 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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Source: Reuters