Key facts
- South Korean retail traders invested nearly $800 million in SpaceX shares.
- Investors were previously shut out of the world's largest IPO.
- SpaceX is now the fifth-largest listed stock globally.
South Korean retail traders have invested approximately $800 million in shares of SpaceX, Elon Musk's space exploration company. This significant investment occurred after these traders were unable to participate in what was the world's largest initial public offering (IPO). The substantial capital inflow highlights a strong demand for SpaceX, which has rapidly ascended to become the fifth-largest listed stock on a global scale.