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A seven-meter-tall statue of Young-hee from “Squid Game" (I-Hwa Cheng/Getty Images)

The final season of “Squid Game” might be the last time Americans ever care about the Korean won

No spoilers!!!

The final season of “Squid Game” was released on Friday, and continued its perfect track record of prompting Americans to do something generally quite out of character: show interest in another country.

Google Trends data shows that searches for “Korean won” spiked after the third season of Netflix’s hit show dropped, just as they did for seasons 1 and 2.

Squid Game searches chart
Sherwood News

For reference, the brief period when martial law was declared in South Korea in early December 2024 is just the little upward wiggle you see in the chart prior to the release of the second season.

The first season of “Squid Game” was Netflix’s top show ever, with 1.65 billion hours spent watching in its first 28 days. Shares of the streaming giant are up 125% since that debut on September 17, 2021, versus a 39% rise for the S&P 500.

The macabre thriller still keeps its viewers turning from one screen to a smaller one to figure out how much Seong Gi-hun and his fellow competitors stand to make. Searches for “45.6 billion” — the total prize pool for “Squid Game” — also pop on the launch of every season.

These well-telegraphed spikes in demand create their own supply from outlets looking to game search engine optimization, which, like “Squid Game,” is a perilous endeavor that has claimed the live(lihood)s of many journalists.

…and to answer your question, it’s about $33.6 million.

Squid Game SEO Game
Source: Google Search

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SpaceX gets a wave of bullish ratings from Wall Street analysts

SpaceX received more than a dozen positive analyst calls on Tuesday — including from major Wall Street banks — as they initiate coverage on Elon Musk’s space and AI company.

SpaceX went public on June 12 at a $2.2 trillion valuation, the largest debut in history. While the company hasn’t yet posted a profit, it seems to have convinced Wall Street that it will get there and grow its valuation on the way.

Of the at least 17 analysts that gave a rating on Tuesday, all but one gave it a “buy” or “outperform” rating. MoffettNathanson was "neutral."

The ratings come as SpaceX joined the Nasdaq 100 index, a benchmark tech-heavy basket of companies that underpins millions of portfolios. The inclusion adds built-in demand for the stock from index funds and ETFs.

Still, SpaceX fell more than 5% on Tuesday amid a broader sell-off, and is currently effectively flat from its opening price of $150 a share.

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