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Keyword: ginarinehart

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  • Australia's richest person Rinehart takes $1 billion stake in SpaceX IPO, WSJ reports

    06/15/2026 9:17:46 AM PDT · by SunkenCiv · 7 replies
    Reuters ^ | June 15, 2026 | Reporting by Melanie Burton; Editing by Sonali Paul
    Australia'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 ​Monday, citing a person familiar with the matter... Hancock is a significant investor in ‌a swathe ⁠of rare earths companies including U.S.-based MP Materials, and Rare Earths Americas (REA.A), and Australia'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's entrepreneurial...