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Source: Sydney Morning Herald

Gina Rinehart Makes Record $1.4 Billion Investment in SpaceX

Australian mining magnate Gina Rinehart has reportedly invested $1.4 billion in SpaceX, acquiring a record stake in the aerospace company. This significant financial move is said to deepen her existing connections with SpaceX CEO Elon Musk, who is identified as the world's first trillionaire. The investment also reportedly strengthens Rinehart's ties to US President Donald Trump.

By Fainaron·Jun 15, 2026 (an hour ago)·1 views
Gina Rinehart Makes Record $1.4 Billion Investment in SpaceX

Gina Rinehart, a prominent figure in the mining industry, has reportedly made a substantial $1.4 billion investment in SpaceX. This stake is described as a record for the aerospace company.

The large-scale investment is said to further strengthen Rinehart's relationship with Elon Musk, the CEO of SpaceX, who has been identified as the world's first trillionaire. Additionally, the move reportedly deepens her ties with US President Donald Trump.

According to the Sydney Morning Herald, the investment highlights Rinehart's strategic financial decisions and their potential implications for her global connections.

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Source attribution: This article was AI-curated and rewritten by Fainaron from a piece originally published by Sydney Morning Herald. Read the original at Sydney Morning Herald →

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