Business · Markets · 1 hr ago
SpaceX revenue surge lifts related stocks in South Korea
SpaceX revenue rose 161%, and news of an earnings surprise drew investor attention.
Related shares rose in South Korea early on October 21.
One of them was Sphere, which trades on the KOSDAQ market.
Sphere was up 5.31% at 9:38 a.m., trading at 22,800 won.
Its price briefly climbed 9.01% to 23,600 won earlier in the session.
The rise shows how news about SpaceX can affect shares linked to the company.
No further developments are given.
Shares linked to SpaceX rose in South Korea after news that the company had reported a strong earnings result.
SpaceX revenue was reported to have surged 161%.
Sphere shares were up 5.31% on the KOSDAQ at 9:38 a.m. on Oct. 21.
Sphere shares had earlier risen as much as 9.01% in early trading.
- Who
- SpaceX and South Korean companies linked to it, including Sphere.
- What
- SpaceX revenue was reported to have risen 161%, prompting related shares to climb.
- When
- Oct. 21, 2026. Sphere shares were quoted at 9:38 a.m.
- Where
- South Korea, on the KOSDAQ market.
- Why
- News of SpaceX’s earnings surprise and 161% revenue increase.
This story does not have two clearly opposing sides.
Sphere shares rose as much as 9.01% to 23,600 won.
Sphere shares were up 5.31%, or 1,150 won, at 22,800 won.
- Reported SpaceX revenue increase
- 161%
- Sphere share price at 9:38 a.m.
- 22,800 won
- Sphere share gain at 9:38 a.m.
- 5.31% (1,150 won)
- Sphere’s early-trading peak gain
- 9.01% to 23,600 won