South Korea's Mirae Asset to invest $72 mln in Space X in January 2023 (updated)

Mirae Asset Securities

23/12/2022 02:20

(Adds investment breakdown)
       Dec 23 (Reuters) - South Korea's Mirae Asset Financial
Group affiliates plan to invest a total of 93 billion won
($72.43 million) in Space X in January 2023, the companies said
in regulatory filings on Friday.
    Mirae Asset Securities Co Ltd  006800.KS  and Mirae Asset
Capital Co Ltd will invest 88.5 billion won and 4.5 billion won
in Elon Musk's rocket and satellite company, respectively, a
spokesperson at Mirae Asset Group told Reuters. 
    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.
 (Reporting by Hyunsu Yim and Heekyong Yang; Editing by
Christopher Cushing)
 ((Hyunsu.Yim@thomsonreuters.com;))