Hanmi Semicon Shares Surge After $33 Million SpaceX Investment

South Korean semiconductor equipment maker Hanmi Semiconductor (KS:042700) saw its stock price soar on Friday after announcing a strategic investment in SpaceX, the aerospace company led by Elon Musk. The company revealed plans to invest approximately 50 billion won ($32.9 million) in SpaceX and stated that any future returns from the investment will be reinvested into its core semiconductor business.

Following the announcement, Hanmi Semicon shares jumped 26% to 367,500 won, marking their highest level in nearly a month. The strong market reaction reflects growing investor optimism about the potential benefits of the company's stake in one of the world's most valuable private technology firms.

Hanmi Semiconductor also highlighted the long-term growth opportunities associated with SpaceX and referenced the potential of the Terrafab chip manufacturing venture, reportedly linked to both SpaceX and Tesla. The company suggested that advancements in artificial intelligence, semiconductor production, and next-generation manufacturing could create valuable opportunities for strategic cooperation.

The investment has fueled speculation among South Korean media that Hanmi Semiconductor could secure future chipmaking equipment orders from Terrafab. While no official agreements have been announced, investors appear encouraged by the possibility of new business opportunities emerging from the relationship.

Industry observers also noted that Hanmi's decision may be supported by its longstanding connection with technology investor Peter Thiel, one of SpaceX's earliest backers. This relationship is believed to have played a role in facilitating the investment.

The announcement comes as SpaceX continues to attract significant market attention. The company reportedly raised $75 billion in a major initial public offering on Thursday, positioning itself for a market valuation of approximately $1.77 trillion ahead of its Nasdaq debut on Friday.

For Hanmi Semiconductor, the investment represents more than a financial stake. It signals the company's intention to strengthen its position within the global semiconductor industry while potentially expanding its connections to leading technology and aerospace innovators. Investors will now closely watch whether the SpaceX investment translates into new partnerships, business opportunities, and long-term growth for the South Korean chip equipment manufacturer.