00:00
Money for You
Money for You
USD/RUB
EUR/RUB
Market Quotes

Hanmi Semiconductor Climbs as SpaceX Stake Revealed

A 50 billion won investment in SpaceX ignited a rally for Hanmi Semiconductor on the Seoul exchange, with shares climbing 24% by Friday’s close. The move aligns the Korean manufacturer with Elon Musk’s aerospace giant just as the company prepares for a Nasdaq debut that marks a record-breaking IPO valuation.

Hanmi Semiconductor Climbs as SpaceX Stake Revealed

The $33 million stake reflects Hanmi’s strategic pivot toward satellite communications and the burgeoning infrastructure behind artificial intelligence. Company leadership cited the long-term growth potential of Terrafab—a joint venture involving SpaceX, Tesla, and xAI—as a primary driver for the acquisition. This partnership places Hanmi at the center of a specialized supply chain focused on advanced semiconductor production and aerospace integration.

Investors responded aggressively to the disclosure, pushing Hanmi’s stock up 28% during intraday trading. This performance cements a banner year for the firm, which has seen its market value nearly triple since January. As a dominant provider of chip bonders essential for stacking high-bandwidth memory, the company remains a primary beneficiary of the global AI hardware boom. With SpaceX shares scheduled to begin trading on the Nasdaq, market analysts are closely watching how Hanmi’s equipment expertise interacts with the expanded reach of Musk’s aerospace portfolio.

Share

Comments (0)

Leave a comment

No comments yet. Be the first!