Shares of space launch corporations INNOSPACE plunged on the 23rd. The drop is seen as due to the first commercial space launch vehicle falling after liftoff because of an anomaly in the vehicle.

Hanbit Nano, INNOSPACE's commercial launch vehicle, lifts off from Brazil's Alcântara Space Center at 10:13 a.m. on the 23rd (KST). An explosion is detected on the ground after liftoff. (INNOSPACE live broadcast capture)/Courtesy of News1

As of 2:42 p.m. that day, INNOSPACE stock was trading at 10,740 won, down 28.40% (4,260 won) from the previous day.

Earlier, INNOSPACE said that at 10:13 a.m. Korea time that day (10:13 p.m. on the 22nd local time), at the Alcântara Space Center in Brazil, the space launch vehicle "Hanbit-Nano" was detected with a vehicle anomaly 30 seconds after liftoff and fell within a ground safety zone.

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