On SpaceX's first day of listing, Korean retail investors "scrambled" to buy nearly 800 million dollars.

Golden Ten Data reported on June 17 that on the first day of SpaceX's stock listing, Korean retail investors snapped up nearly $800 million worth of SpaceX shares, highlighting the strong demand from local investors after being excluded from this global largest IPO. According to data from the Korea Securities Depository, on the first day SpaceX (SPCX.O) listed last Friday, Korean retail investors recorded a net purchase amount of $796 million in a single day, making the rocket and AI company the most popular U.S. stock among Korea's more than 14 million retail investors. The data shows that this single-day net purchase total surpassed the cumulative net purchase amount of any other U.S. stock over the past three months. Unlike Japan and Australia, Korea did not provide retail investors with direct access to purchase shares during SpaceX's IPO. Instead, Mirae Asset Securities, one of the IPO underwriters, had offered the opportunity to subscribe for the stock to a select group of investors. However, in the end, the firm did not obtain any shares. The Financial Supervisory Service, as the country's financial regulatory authority, has expanded its investigation into the brokerage to determine the reason for its failure to secure SpaceX stock during the IPO.