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Local News, Melbourne. Every Day.

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Latest Finance news — Melbourne

All finance stories from Melbourne.

Gina Rinehart Bets $1 Billion on SpaceX in Boldest Move Yet

Finance

Gina Rinehart Bets $1 Billion on SpaceX in Boldest Move Yet

Australia's richest person has made one of the most striking moves of her career, taking a stake reported to be worth more than A$1 billion in Elon Musk's SpaceX, the largest single investment Hancock Prospecting has made outside its iron ore heartland.

3 August 2026

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