Australia’s richest woman buys stake worth $1 billion in SpaceX, says: Elon has done what …
Elon Musk’s SpaceX made a historic debut on the stock market last week. Since then, the rocket company’s market value has reached $2.5 trillion, making it one of the most valuable publicly traded companies in the US. Soon after, Australia’s richest person, Gina Rinehart, bought a hefty stake of over $1 billion in SpaceX. The investment, made through Rinehart’s privately held company, Hancock Prospecting, marks the firm’s largest outside its core iron ore business.
In a statement shared by Hancock Prospecting, Reinhart wrote, “Elon has done what very few people in history have done.”
