Gina Rinehart bets $1.4 billion on Musk with record SpaceX stake
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Source: The Age
Published: 2026-06-15 15:17 UTC+10:00
Section: Technology
Factuality Score: 95
Opinion Category: Neutral
Topics: Space, Business & Economy, Technology
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Snippet:
Gina Rinehart’s Hancock Prospecting has bought a $US1 billion ($1.4 billion) stake in SpaceX, the biggest investment outside iron ore in the private miner’s history and a bet on Elon Musk days after his rocket and satellite company staged the largest float on record.
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