MoneyJune 14, 2026
Korean Investors Got Zero SpaceX Shares After Waiting
Main Story
Mirae Asset Securities joined a syndicate to bring SpaceX IPO shares to Korean retail investors. But when allocations came out, they got zero shares — literally nothing. Everyone who applied is walking away empty-handed, and they're furious about being hyped up for nothing.
Why do we peek
SpaceX is basically the dream stock for Korean retail investors right now — Elon Musk, rockets, future vibes. Korean brokerages have been aggressively marketing overseas IPO access as a premium service, so when one promises SpaceX and delivers zero, it's a huge credibility hit. People feel like they were used as marketing bait.
Backstory
Korean brokerages have been pushing hard into overseas stock trading, especially for hot US IPOs. They'll often announce participation in a syndicate before knowing how many shares they'll actually get. It's becoming common for retail investors to sign up, get excited, then receive tiny allocations or nothing at all — this SpaceX case is just the most extreme example yet.
FAQ
Why did Mirae Asset get zero shares?
They joined the syndicate, but couldn't secure any allocation from the actual offering. Being in the syndicate doesn't guarantee you get shares — it just means you're in the pool trying to get them. In this case, they came up empty.
Can Korean investors still buy SpaceX stock?
SpaceX isn't publicly traded yet, so regular people can't buy it on the stock market. You'd need access to private shares, which is extremely limited and usually reserved for institutional or high-net-worth investors.
Is this common with overseas IPOs in Korea?
Getting small allocations is pretty common, but getting literally zero after the brokerage hyped it up is rare and embarrassing. It's made a lot of retail investors skeptical about overseas IPO promotions from Korean brokerages.
#spacex #korean investors #ipo #mirae asset #retail trading