Mirae Asset Joins Musk's Twitter Acquisition with 300 Billion Won Investment
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[Asia Economy New York=Correspondent Joselgina] Mirae Asset Group of Korea is reported to participate as an investor in Elon Musk, CEO of Tesla's acquisition of Twitter.
On the 24th (local time), major foreign media outlets reported, citing sources, that Mirae Asset Group is planning to invest to help CEO Musk raise funds for the $44 billion acquisition of Twitter. The investment amount is approximately 300 billion KRW. It is known that they will participate in the Twitter acquisition by forming a fund.
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CEO Musk must complete the Twitter acquisition by the 28th according to a court order. Accordingly, Mirae Asset is also expected to complete the 300 billion KRW investment before the deadline. Earlier in July, Mirae Asset formed the 'Mirae Asset Global Space Investment Association No.1' and invested $100 million in SpaceX, the space exploration company operated by CEO Musk.
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