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

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.

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Jun 15, 2026 Australia news SpaceX Gina Rinehart

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