Gina Rinehart makes ‘significant investment’ in Elon Musk’s SpaceX (general) — The Guardian Australia – News
The Guardian Australia – News ·general ·6 days ago

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

Gina Rinehart's Hancock Prospecting made a significant investment in Elon Musk's SpaceX, reportedly amounting to at least A$1.4 billion, reflecting her confidence in Musk. Rinehart praised SpaceX for its innovative potential and ambitious goals, including colonizing the moon and Mars. Following its IPO, SpaceX is now valued at US$2.1 trillion.

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Summary by OZbrief Editorial · The Guardian Australia – News · Source

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Published 15 Jun 2026, 07:07 UTC · Updated 15 Jun 2026, 07:30 UTC

Summary by OZbrief Editorial. Original report: The Guardian Australia – News. Editorial policy · Corrections