NEWS DESK
ISLAMABAD/SEOUL: South Korea’s Mirae Asset Financial Group establish plan to invest $72.43 million in Elon Musk’s Space X programme in January 2023.
Mirae Asset Securities Company Limited and Mirae Asset Capital Company Limited will invest 88.5 billion won and 4.5 billion won respectively in Elon Musk’s rocket and satellite company, SpaceX, according to Reuters.
Mirae Asset and Space X
The South Korean companies of Mirae Financial Group said they would invest a sum of 93 billion won, without mentioning SpaceX and revealing the objectives and target of their investment.
Previous investments
According to Reuters, the Mirae Asset Financial Group did not willing to comment on their investment goals but Mirae Asset Securities earlier invest a total of 116 billion won in Space X in July 2022.
In October, Mirae Asset Financial Group was planning to invest a total of 300 billion won to help finance Elon Musk’s Twitter deal.
