SpaceX is preparing an initial public offering in the U.S. with a target share price of $135 [1].
The move represents one of the largest capital raises in history, potentially shifting billions in liquidity away from other global tech sectors. Because of the offering's scale, analysts said it may trigger a sell-off in established markets to fund new positions.
SpaceX aims to raise approximately $75 billion, which is roughly 115 trillion won [1]. The offering is scheduled for next week [1]. Demand for the company's equity has already shown volatility and intensity; a first-round public offering subscription reportedly sold out within one minute [2].
This surge in interest is creating a ripple effect in South Korea's KOSPI market. Investors are attracted by the size of the capital raise, leading to speculation that foreign investors may sell Korean equities to free up cash for the SpaceX IPO [1, 2].
Market analysts said this shift could lead to significant profit-taking in semiconductor stocks. Specifically, Samsung Electronics and SK Hynix are mentioned as companies that may see a dip in value as investors rotate their portfolios [2].
The financial implications extend to the leadership of the company. Some reports said the successful IPO could make CEO Elon Musk the first individual in the world to hold assets totaling $1 trillion [2].
“SpaceX aims to raise approximately $75 billion”
The SpaceX IPO is not merely a corporate milestone but a potential liquidity event that could destabilize other tech-heavy indices. If global investors liquidate positions in South Korean semiconductor leaders like Samsung and SK Hynix to participate in the offering, it suggests a shift in risk appetite from established hardware manufacturing toward the speculative growth of aerospace and satellite infrastructure.
