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The Times of India
The Times of India
World
TOI World Desk

Meet Gina Rinehart: Australia’s richest woman who just invested $1.4 billion in Elon Musk’s SpaceX

For decades, the fortune of Australia's wealthiest citizen has been tied to iron ore buried deep beneath the country's red earth. Yet in recent years, Gina Rinehart has gradually expanded her interests far beyond mining, backing sectors she believes will shape the decades ahead. Space exploration now appears to sit firmly within that vision. As reported by the Wall Street Journal, her latest move, a stake worth more than $1 billion in SpaceX, marks one of the largest investments she has ever made outside her traditional mining empire. The decision also reflects a growing intersection between natural resources, advanced manufacturing, and the race to build the technologies that could define the next era of industry.

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