7 News
·general
·1 hour ago
Australia's richest woman in $1.4bn deal with Elon Musk
Gina Rinehart’s Hancock Prospecting acquired a significant stake in Elon Musk’s SpaceX during its historic IPO on Friday. The investment is valued at $1.4 billion Australian, marking a crucial partnership as SpaceX raised $75 billion, making it the most successful IPO in history. Shares surged 19.2 percent on their first trading day on Nasdaq.
Summary by OZbrief · 7 News
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