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Australian Financial Reviewafr.com

Gina Rinehart snags $1.4b stake in SpaceX IPO (opens original article in a new tab)

TL;DR

Gina Rinehart secured a $1.4 billion stake in SpaceX's IPO, which saw shares rise 20% on debut, valuing the company at $2.1 trillion.

  • Billionaire Gina Rinehart acquired a $1.4 billion stake in SpaceX's IPO
  • SpaceX's IPO shares rose nearly 20% on debut, valuing the company at $2.1 trillion
  • Rinehart cited Elon Musk's investment as a factor in her decision
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