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

The Guardian World ·

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

Gina Rinehart’s company has made a “significant investment” in Elon Musk’s SpaceX and said it hopes to collaborate on AI infrastructure. …

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 A$1.4bn. The Australian billionaire said her investment reflected her confidence in Musk and congratulated him on his initial public offering (IPO). …

Original source: The Guardian World

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Microsoft · Australia · Peter Thiel · Australians