U.S. President Donald Trump mentioned space exploration in his inaugural address, leading to an early rise in domestic space and aerospace stocks on the 22nd.
As of 9:19 a.m. on that day, the Earth observation satellite manufacturing company Lumir is trading at 10,450 won, up 600 won (6.09%) from the previous trading day.
Additionally, stocks in the space and aerospace sector, including Satrec Initiative (4.33%), CONTEC (3.47%), Asia Pacific Satellite (2.70%), Intellian Technologies (2.41%), and INNOSPACE (2.38%), are also strong.
President Trump said during his inauguration ceremony on the 20th (local time), "We will send American astronauts to Mars and plant the American flag there. The spirit of exploration is etched in our hearts." Consequently, shares of U.S. space and aerospace companies, including Intuitive Machines (23.93%) and Rocket Lab (30.29%), surged overnight. It is understood that domestic space and aerospace-related stocks also saw increased buying pressure on that day.