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<title>Australia&#x26;#x27;s richest person Rinehart takes $1 billion stake in SpaceX IPO, WSJ reports</title>
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<description>Australia&#x26;#x27;s wealthiest person, mining baron Gina Rinehart, has taken a stake of more than $1 billion in the record-setting $75 billion SpaceX (SPCX.O), the Wall Street Journal reported on &#x26;#x200B;Monday, citing a person familiar with the matter... Hancock is a significant investor in &#x26;#x200C;a swathe &#x26;#x2060;of rare earths companies including U.S.-based MP Materials, and Rare Earths Americas (REA.A), and Australia&#x26;#x27;s Lynas Rare Earths (LYC.AX), as well as lithium producer Liontown Resources (LTR.AX), among many others. It bulked up its defence, gold and rare-earths holdings in its $3.3 billion U.S. portfolio this year, filings showed last month... While commending Musk&#x26;#x27;s entrepreneurial...</description>
<author>Reuters</author>
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<pubDate>Mon, 15 Jun 2026 16:17:46 GMT</pubDate>
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