In January 2023, South Korea’s Mirae Asset will contribute $72 million to Space X.

According to regulatory papers made on Friday by the firms, affiliates of the South Korean Mirae Asset Financial Group intend to invest a total of 93 billion won ($72.43 million) in Space X in January 2023.

According to a Mirae Asset Group spokeswoman who spoke to Reuters, Mirae Asset Securities Co Ltd and Mirae Asset Capital Co Ltd will invest 88.5 billion won and 4.5 billion won in Elon Musk’s rocket and satellite companies, respectively.

Separately, in July, Mirae Asset Securities invested 116 billion won through its fund in Space X.

For Elon Musk’s Twitter deal, Mirae Asset Financial Group planned to contribute around 300 billion won in October.

Does South Korea have space?

This month, the South Korean air force also established its own space unit to improve its capabilities to operate in space alongside the American Space Force.

How many times did SpaceX fail?

SpaceX has launched 5 Falcon 1 and 171 Falcon 9 rockets since March 2006. One Falcon 9 launch was somewhat successful, and two of the three Falcon 9 launches were total failures. With a success rate of over 97%, SpaceX is one of the most dependable launch service companies ever.

Did South Korea go to the Moon?

On August 5, 2022, South Korea launched Danuri, also known as the Korean Pathfinder Lunar Orbiter (KPLO). Danuri will investigate the Moon’s surface and assist us in organising next lunar polar missions.

Is there NASA in South Korea?

Kwon said the high-resolution camera aboard Danuri will be used to scout the lunar surface for potential sites for a robotic landing mission in 2031 by the Korean Aerospace Research Institute, South Korea’s equivalent of NASA.

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