Could SpaceX, OpenAI IPOs derail Korea's chip rally?

The blockbuster IPOs of SpaceX, OpenAI and Anthropic could trigger a bout of profit-taking in South Korea's soaring chip stocks, as investors rotate capital into some of Wall Street's most anticipated listings. Elon Musk's rocket and satellite maker SpaceX aims to list its shares as early as June 12, in what could become the biggest initial public offering of all time. Anthropic, developer of the Claude AI model, has also recently filed to go public, setting the stage for a closely watched IPO r

By The Korea Herald