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Billionaire Gina Rinehart Made ‘Significant’ SpaceX Investment

Billionaire Gina Rinehart Made ‘Significant’ SpaceX Investment
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Billionaire Gina Rinehart Made ‘Significant’ SpaceX Investment Australia’s richest person Gina Rinehart said she made “a significant investment” in SpaceX, as her mining company laid out ambitions to work with Elon Musk’s rocket and satellite company. Hancock Prospecting, Rinehart’s investment company, said in a statement Monday it was allocated shares in SpaceX’s initial public offering last week, though didn’t specify the size of the stake. Dow Jones said Rinehart’s stake was valued at...

Billionaire Gina Rinehart Made ‘Significant’ SpaceX Investment Australia’s richest person Gina Rinehart said she made “a significant investment” in SpaceX, as her mining company laid out ambitions to work with Elon Musk’s rocket and satellite company. Hancock Prospecting, Rinehart’s investment company, said in a statement Monday it was allocated shares in SpaceX’s initial public offering last week, though didn’t specify the size of the stake. Dow Jones said Rinehart’s stake was valued at more than $1 billion.
Gina Rinehart (PERSON) SpaceX Investment Australia’s (ORG) SpaceX (ORG) Elon Musk’s (PERSON) Hancock Prospecting (ORG) Rinehart (PERSON) Dow Jones (ORG)
Originally published by Bloomberg Markets Read original →