Hanmi Semicon Shares Surge After Announcing $33 Million SpaceX Investment

Shares of South Korean semiconductor equipment maker Hanmi Semicon soared on Friday after the company revealed plans to invest approximately 50 billion won, or $32.9 million, in SpaceX.

The announcement sparked strong investor enthusiasm, sending Hanmi Semicon shares up 26% to 367,500 won, their highest level in nearly a month.

Hanmi Sees Strategic Opportunity in SpaceX

In a statement, Hanmi Semicon said the investment reflects its confidence in SpaceX’s long-term growth potential.

The company also highlighted opportunities linked to Terrafab, a semiconductor manufacturing venture reportedly backed by both SpaceX and Tesla, which is expected to focus on advanced chip production technologies.

Hanmi added that any returns generated from the SpaceX investment would be reinvested into its core semiconductor business, supporting future growth and technological development.

Market Speculation Over Future Business Opportunities

Following the announcement, South Korean media reports suggested that Hanmi Semicon could potentially secure supply contracts from Elon Musk’s Terrafab project.

While no agreements have been confirmed, investors appear optimistic that the investment could strengthen Hanmi’s relationship with companies connected to Musk’s expanding technology ecosystem.

The possibility of future semiconductor equipment orders has fueled expectations of additional growth opportunities for the company.

Longstanding Connection to Peter Thiel

Industry observers also noted that Hanmi’s investment may be linked to its longstanding relationship with technology billionaire Peter Thiel, one of SpaceX’s earliest investors.

The existing connection is believed to have helped facilitate closer ties between Hanmi and SpaceX, further supporting the strategic rationale behind the investment.

SpaceX IPO Draws Global Investor Attention

Hanmi’s move comes shortly after SpaceX completed a historic initial public offering that raised $75 billion.

The record-breaking IPO valued the aerospace company at approximately $1.77 trillion, making it the largest public market debut in U.S. history.

SpaceX shares are expected to begin trading on the Nasdaq, drawing significant attention from both institutional and retail investors worldwide.

Positive Outlook for Hanmi Semicon

The investment marks a notable step for Hanmi Semicon as it seeks to expand its exposure to high-growth technology sectors beyond traditional semiconductor markets.

With strong investor interest surrounding SpaceX, artificial intelligence, and advanced manufacturing initiatives, Hanmi’s strategic investment has positioned the company at the center of one of the market’s most closely watched technology stories.

Investors will now be watching closely to see whether the relationship with SpaceX and related ventures translates into new business opportunities for the South Korean chipmaker.