"Still Holding" BTS Suga Revealed as Early SpaceX Investor... Returns Estimated Up to 40-Fold

Investment Made in SpaceX During Unlisted Period via Link Asset Partners

Suga (real name Min Yoon-gi), a member of BTS, is reported to have been an early investor in SpaceX, the U.S. aerospace company led by Elon Musk.

BTS member Suga. Big Hit Music

On June 29, EDaily reported that Suga is believed to have invested in SpaceX during its unlisted period through Link Asset Partners (Link Asset Management), the first Korean institutional investor in SpaceX. It is estimated that he has achieved returns of up to 40 times his initial investment.

An investment banking (IB) industry insider told EDaily, "Suga was an early investor in SpaceX when it was still unlisted. Although the exact size of his investment is unknown, we understand that he still holds SpaceX shares and has recorded an overwhelming rate of return."

SpaceX's corporate value was estimated at about USD 46 billion (approximately KRW 71.2 trillion) in 2020. However, following further investments in 2021, its valuation rose to about USD 100 billion (approximately KRW 155 trillion).

Subsequently, on June 12 (local time), SpaceX was listed on the New York Stock Exchange at USD 135 per share. As of June 27, SpaceX's market capitalization reached USD 2.0163 trillion (approximately KRW 3,110 trillion).

Since Suga is known to have invested in SpaceX prior to 2022, it is conservatively estimated that his return is about 20 times his initial investment. EDaily reported, "If the investment was made around 2020, the return could be about 40 times."

Regarding this matter, a representative from HYBE stated, "It is difficult to confirm matters related to the artist’s personal affairs."

This content was produced with the assistance of AI translation services.