Gina Rinehart makes ‘significant investment’ in Elon Musk’s SpaceX

Published 15 June 2026 · finance

The Australian billionaire says her investment reflects her confidence in the world’s first trillionaire following the record-breaking IPO Gina Rinehart’s company has made a “significant

The Australian billionaire says her investment reflects her confidence in the world’s first trillionaire following the record-breaking IPO Gina Rinehart’s company has made a “significant investment” in Elon Musk’s SpaceX and said it hopes to collaborate on AI infrastructure.

Hancock Prospecting secured shares as SpaceX began trading on sharemarkets on Friday, Rinehart said in a statement today. The figure, which Rinehart did not confirm,

is reportedly at least $1.4bn. Continue reading...

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