Gina Rinehart makes ‘significant investment’ in Elon Musk’s SpaceX
Overview
Australian billionaire says investment reflects her confidence in world’s first trillionaire after his record-breaking IPO
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Gina Rinehart’s company has made a “significant investment” in Elon Musk’s SpaceX and said it hopes to collaborate on AI infrastructure.
Details
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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Originally published at www.theguardian.com.