Korea's SpaceX-linked shares surge ahead of blockbuster IPO

With Elon Musk’s rocket company SpaceX set to make its record-breaking stock market debut next month, South Korean stocks tied to the firm have rallied sharply on expectations surrounding what could become the world's largest initial public offering.

SpaceX on Wednesday disclosed its filing for an IPO with the US Securities and Exchange Commission.

Under the schedule, the listing could come as early as June 12.

The clearer timeline for the IPO has sent Korean stocks linked to the rocket company