Tesla founder Elon Musk invests in space developer
NXC, the holding company of Nexon, the nation’s largest game company, has invested 16 million dollars (about 14.44 billion won) in SpaceX, a private aerospace company of Tesla founder Elon Musk. This is the first time that a domestic investment corporation has become a shareholder of SpaceX.
SpaceX is launching a rocket containing a communication satellite into space. /SpaceX
On the 13th, an official from NXC said, “We invested 16 million dollars in convertible preferred stocks worth $1.9 billion (about 2 trillion won) that SpaceX recruited last August.” This is a stock that a fund created by a Korean asset manager through a special purpose corporation (SPC) was allocated according to the general public offering procedure. $16 million is equivalent to about 60% of NXC’s stake in the fund. At that time, competition for investment was fierce, and it was reported that NXC could not be allocated as much as it wanted.
SpaceX is a private space developer founded by Elon Musk with the dream of migrating to Mars. It has self-developed rocket and spacecraft modules. Last year, NASA succeeded in launching the first civilian manned spacecraft (Falcon 9).
Kim Jeong-joo(Photo) The CEO of NXC has stepped back from the front line of game development and is showing active investment in the non-game field. Recently, there was news that it was trying to acquire Bithumb, the largest virtual currency exchange in Korea.
In addition, after acquiring Bitstamp, Europe’s largest cryptocurrency exchange in 2018, it also invested in Tagami, an American cryptocurrency company. In addition, it has also acquired Stoke, a Norwegian baby products company, and Bricklink, an online Lego block trading site.
