{"slug": "korea-s-hanmi-semiconductor-to-acquire-shares-of-spacex", "title": "Korea's Hanmi Semiconductor to acquire shares of SpaceX", "summary": "South Korea's Hanmi Semiconductor announced Friday it plans to acquire 50 billion won ($32.9 million) in SpaceX shares ahead of the U.S. space company's stock market debut. The investment, representing about 7.24 percent of equity, is driven by growth prospects in Elon Musk's Terrafab semiconductor complex and SpaceX amid rising demand for advanced chips, aerospace technology and artificial intelligence.", "body_md": "Korea's Hanmi Semiconductor said in a regulatory filing Friday that it is seeking to acquire 50 billion won ($32.9 million) worth of shares in SpaceX, ahead of the U.S. space company's stock market debut. The investment, equivalent to around 7.24 percent of equity, comes amid the company's prospects on the \"growth potential of Elon Musk's Terrafab and SpaceX, amid an explosive demand on advanced chips, aerospace and satellite technologies and artificial intelligence (AI),\" according to the filing. Terrafab is a vertically integrated semiconductor manufacturing complex spearheaded by Musk, involving Tesla, SpaceX and xAI, an AI company founded by the U.S. billionaire. The facility is expected to start operations in 2028. Some 80 percent of chips produced from there will be used in data centers of SpaceX, while the rest will be topped on vehicles of Tesla as well as its Optimus robots. \"We will reinvest the expected future returns into our core semiconductor equipment business to seek sustainable growth, while enhancing shareholder value,\" an official from the Korean company said. SpaceX is", "url": "https://wpnews.pro/news/korea-s-hanmi-semiconductor-to-acquire-shares-of-spacex", "canonical_source": "https://www.koreatimes.co.kr/business/companies/20260612/koreas-hanmi-semiconductor-to-acquire-shares-of-spacex?utm_source=rss", "published_at": "2026-06-12 02:57:02+00:00", "updated_at": "2026-06-12 02:58:18.931942+00:00", "lang": "en", "topics": ["ai-chips", "ai-infrastructure", "ai-startups", "robotics", "autonomous-vehicles"], "entities": ["Hanmi Semiconductor", "SpaceX", "Elon Musk", "Terrafab", "Tesla", "xAI"], "alternates": {"html": "https://wpnews.pro/news/korea-s-hanmi-semiconductor-to-acquire-shares-of-spacex", "markdown": "https://wpnews.pro/news/korea-s-hanmi-semiconductor-to-acquire-shares-of-spacex.md", "text": "https://wpnews.pro/news/korea-s-hanmi-semiconductor-to-acquire-shares-of-spacex.txt", "jsonld": "https://wpnews.pro/news/korea-s-hanmi-semiconductor-to-acquire-shares-of-spacex.jsonld"}}