Korea misses out on SpaceX's blockbuster debut

As SpaceX blasted into the public market in a record-setting debut Friday, South Korea missed the ride altogether after Mirae Asset Securities, the only domestic member of the underwriting syndicate, failed to secure any share allocation. The rocket-maker enjoyed a successful Nasdaq launch, closing at $161 per share on Friday, up 19 percent from its initial public offering price of $135. The gain pushed its market cap above $2.1 trillion by the close of trading. Korea, however, was largely left

By The Korea Herald