Gina Rinehart’s $1 billion bet on Elon Musk

from The Front · host The Australian

The world’s first trillionaire, Elon Musk, has a new business partner in Australian mining tycoon Gina Rinehart, as she picks up a $US 1 billion stake in his SpaceX - part of his plan to launch AI data centres into space and create a city on Mars.  Read more:  Gina Rinehart secures $US1bn stake in Elon Musk’s SpaceX Adore Beauty staff warn of mass redundancies amid major push into AI Relief for punters and Jim Chalmers as Reserve Bank holds interest rates after three hikesSee omnystudio.com/listener for privacy information.

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This episode was published on June 16, 2026.

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