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Gina Rinehart makes ‘significant investment’ in Elon Musk’s SpaceX
Why this matters: a developing story that could shape the day's news cycle.
Australian billionaire says investment reflects her confidence in world’s first trillionaire after his record-breaking IPOFollow our Australia news live blog for latest updates Get our breaking news email, free app or daily news podcast Gina Rinehart’s company has made a “significant investment” in Elon Musk’s Space X and said it hopes to collaborate on AI infrastructure.Hancock Prospecting secured shares as Space X 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. Continue reading...
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