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Galaxy Corp. Explores US IPO Amid Skepticism Over AI-Driven Business Model

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Galaxy Corp. is considering a US IPO after a visit from Nasdaq's Bob McCooey to discuss growth strategies. The company aims to leverage AI and robotics within its 'enter-tech' model, but industry skepticism exists regarding the viability of this approach, especially given its reliance on G-Dragon's revenue from concerts and events.

In 2023, Galaxy recorded 41.6 billion won in revenue, jumping to 126 billion won in the first half of 2025. Despite ambitious AI projects, including virtual idols, the company has yet to demonstrate significant revenue generation. Insiders emphasize the need for a diverse IP portfolio, questioning Galaxy's capacity to execute its strategic ambitions.

Galaxy Corp. Explores US IPO Amid Skepticism Over AI-Driven Business Model
Mar 7, 2026, 6:18 AM

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