SpaceX IPO and Semiconductor Market Trends
SpaceX is gearing up for an IPO, sparking increased interest in investments in large unlisted companies. In this context, the 'ERShares Private-Public Crossover' (XOVR) ETF has significantly increased its investment in SpaceX, also including other innovative companies like Anduril Industries. This offers investors an opportunity to indirectly invest in high-growth potential unlisted firms.
Additionally, the closed-end fund 'Destiny Tech100' (DXYZ), listed on the New York Stock Exchange, also provides an investment route into SpaceX among other unlisted entities. However, as this fund does not allow redemptions, it poses a risk of discrepancies between net asset value (NAV) and share price, which investors must consider as a crucial decision factor.
Meanwhile, domestic investors have shown strong buying interest in the semiconductor leveraged ETF, SOXL, purchasing around 3,213 billion KRW in just one day. This movement is driven by positive industry forecasts and expectations of increased profits from Samsung Electronics owing to rising memory prices. The company 'Classys' is exhibiting significant growth in K-beauty medical devices in North American and European markets.
Elsewhere, DB HiTek faces challenges in its 1.5 trillion KRW semiconductor new business investment due to management issues involving Chairman Jun-Ki Kim. Additionally, investment opportunities related to network transformation in data centers are expanding. These factors will play a crucial role in shaping investment strategies within the semiconductor sector and related industries.
Related News
Seohak Ants Also Invest in SpaceX… Attention to ETFs Including Unlisted US CompaniesSeohak Ants Also Invest in SpaceX… Attention to ETFs Including Unlisted US Companies, Global ETF Focus US Listed ERShares XOVR SpaceX Investment Exceeds 17%, Caution on Fixed Net Asset Value and Price Distortion in Closed-end Fund Destiny Tech 100
“Buy When It Falls”…Korean Retail Investors Bet 320 Billion Won on 3x Semiconductor ETF[Major Issue Briefing] ■ Korean retail investors focus on leveraged semiconductor ETFs: Domestic investors snapped up $222.99 million (about 321.3 billion won) worth of SOXL in a day, making it the top foreign net purchase. During the correction period with Nasdaq 100 index falling 3.33% this month, perceived as an excessive drop