SpaceX miss exposes Korea's weak hand in global IPO race

Mirae Asset Securities' failure to secure any SpaceX initial public offering shares for its clients has reignited concerns that Korean brokerages remain at a disadvantage in the global IPO market, just as a new wave of blockbuster artificial intelligence listings, led by OpenAI and Anthropic, loom on the horizon.

Industry officials said Monday the episode highlighted the limited influence Korean firms wield in the final allocation process of highly sought-after global offerings, potentially leav ...