Korea Life 101

  "It topped Amazon right after going public — and then lost over $400 billion in market value in a single day?" Elon Musk's SpaceX entered the stock market through the largest IPO in history, only to deliver a roller-coaster ride in its first days of trading. It surged for three sessions, then tumbled for three more. Here's a clear breakdown of what this short but dramatic "IPO shock" signals for the U.S. economy and the won-dollar exchange rate in the second half of 2026. IPO Price (Jun 12) $135 Largest IPO ever, debuts on Nasdaq Intraday High (Jun 16) $225.64 Briefly passed Amazon, world's 5th largest Jun 22 Close $154.60 −16.4% in a day, −31.5% from peak One-Day Market Cap Loss ~$400B 2nd largest single-day drop in NYSE history 1. What Happened — Ten Days on a Roller Coaster SpaceX went public on June 12 at an IPO price of $135. It closed its first day up roughly 19% at $160.95. Then, on June 16, news broke that the com...

  On June 18, 2026, Korea's stock market made history. The KOSPI index closed above 9,000 points for the first time ever — settling at 9,063.84. Foreign investors poured in over ₩1.3 trillion in a single day, driving the index to a record high. For a market that was sitting at 5,000 just five months ago, the speed of this rally has been nothing short of extraordinary. But as Korea celebrates this milestone, a critical question looms: Can KOSPI reach 10,000? And what are the risks that could derail the rally in the second half of 2026? KOSPI Historic Close 9,063.84 June 18, 2026 — All-time high Rally Speed 5,000→9,000 In just 5 months Foreign Net Buying ₩1.3T Single day inflow on June 18 KB Securities Target 10,500 Revised KOSPI target for 2026 1. How Did KOSPI Get Here So Fast? The KOSPI's rise in 2026 has been one of the fastest in the index's history. Here is the milestone timeline: KOSPI 2026 Milestone Timeline     January 22 K...