Quantum News
Sign InSign Up
Back to News
investment

World’s Top-Gaining Stock Is a Korean Broker Riding SpaceX Hype

Sangmi Cha
Loading...
1 min read
0 likes
⚡ Quantum Brief
Mirae Asset Securities, a Seoul-based brokerage, has become the world’s top-performing stock in 2026 after its shares tripled this year, driven by its indirect exposure to Elon Musk’s SpaceX. The surge stems from Mirae Asset’s $400 million investment in SpaceX and its AI sister firm xAI, positioning the brokerage as a proxy bet ahead of SpaceX’s anticipated blockbuster IPO. The stock leads MSCI’s global index and Bloomberg’s World Index, outperforming 2,245 companies as investors chase pre-IPO gains linked to Musk’s high-profile ventures. Analysts attribute the rally to speculative demand for SpaceX-related assets, with Mirae Asset’s stake offering rare public market access to the private space giant. The gains highlight how secondary investments in private tech firms can drive outsized returns, even for traditional financial institutions like Mirae Asset.
AI Audio Summary
0:00 / 0:00
Click to play
AdobeStock_1623156856_Preview.jpeg
Quantum News · Media Library

Understand this faster with AI

ChatGPTAsk ChatGPTPerplexityResearch with PerplexityClaudeExplain with ClaudeGrokDiscuss on Grok

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the worldAmericas+1 212 318 2000EMEA+44 20 7330 7500Asia Pacific+65 6212 1000Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the worldAmericas+1 212 318 2000EMEA+44 20 7330 7500Asia Pacific+65 6212 1000Mirae Asset Securities Co. shares have more than tripled this year as a proxy bet on Elon Musk’s SpaceX ahead of its potential blockbuster initial public offering.That makes the Seoul-based brokerage the top performer on MSCI Inc.’s broadest index of global stocks so far in 2026. It’s also risen the most among 2,245 stocks in Bloomberg’s World Index. Mirae Asset has invested a total of over $400 million in SpaceX and sister firm xAI, according to analyst reports.

Read Original

Tags

quantum-investment

Source Information

Source: Bloomberg

Discussion

0 professional contributions

Sign in to join this professional discussion.

Be the first to add a constructive contribution.