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Industry

SpaceX IPO stirs U.S. luxury market as Rolex and private jet demand signs emerge

With SpaceX\'s initial public offering confirmed, U.S. markets for luxury homes, high-end watches and private jets are showing early reactions. CNBC reported that current and former employees cannot immediately cash out their stakes, but some are already making spending plans in anticipation of future liquidity. Realtors cite rising inquiries for upscale homes in Southern California and near Austin, Texas. Watch and private jet firms also report related inquiries.

Finance

Korean asset managers adjust ETF inclusion schedules ahead of SpaceX listing

South Korea\'s space-themed exchange-traded funds have repeatedly adjusted their plans to include SpaceX ahead of its expected Nasdaq listing. Strong expectations around the listing have drawn large inflows into related ETFs, but managers have changed inclusion and disclosure schedules close to the debut. Some funds plan to add exposure two trading days after listing rather than on the day itself. Investors are being urged to check actual inclusion timing, weights and volatility risks.

AI & Enterprise

Dowoo Information to supply YMTC consumer SSD brand ZHITAI in South Korea

IT distributor Dowoo Information said on Thursday it signed an official distribution agreement in South Korea with ZHITAI, the consumer storage brand of NAND flash memory maker YMTC, and will launch a next-generation PCIe SSD lineup. The products include PCIe 5.0 models TiPro9000 and TiPlus9100, and the PCIe 4.0 TiPlus7100s. The company said competition is intensifying as AMD and Intel platforms support PCIe 5.0 SSDs.