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Rinehart is up $700m on her SpaceX play. Were Australian investors snubbed to wave through her $1.4bn allocation?

πŸ“° Crikey πŸ• June 18, 2026 at 8:33 AM

Many Australian punters had their investments in the SpaceX IPO slashed by about 60%. Meanwhile, Gina Rinehart had her full $1 billion investment approved. Did Elon Musk personally stamp it?

The post Rinehart is up $700m on her SpaceX play. Were Australian investors snubbed to wave through her $1.4bn allocation? appeared first on Crikey.