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Industry

SpaceX IPO spurs millionaire employees as wealth managers compete for clients

SpaceX’s initial public offering has sharply lifted the value of shares held by current and former employees, prompting wealth managers to compete for them as new clients. Scott Morton (스콧 모턴), a former SpaceX employee and founder of Los Angeles-based software company Revel, said firms have contacted him through handwritten letters, gifts and LinkedIn messages. He said the IPO could also encourage more SpaceX alumni to launch startups.

Games & Commerce

Nexon Games CEO Park Yong-hyun says multi-genre development is a survival choice

Park Yong-hyun (박용현), CEO of Nexon Games, said developing games across multiple genres at the same time was not an intended strategy from the start but a practical choice shaped by the structure of South Korea's online game industry. He said post-launch live service ties up development staff, pushing companies to run several titles in parallel and transfer lessons between projects. He added his role focuses on direction and troubleshooting, while PDs and directors control game content.

Industry

Europe space industry prospect suspends Spectrum rocket second test launch again

Isar Aerospace halted its second test launch attempt of the Spectrum rocket again after detecting abnormal signs in the vehicle’s fluid system during launch preparations. The rocket was due to lift off from the Andoya Spaceport in northern Norway, but no new date has been announced. Spectrum has had multiple launch attempts over the past five months. The company is analysing newly gathered data to identify the cause.