billionaire Gina Rinehart's SpaceX holdings reach $1.37 billion, becoming her largest single holding

Odaily News: Gina Rinehart, Australia's first female billionaire, saw her investment company buy approximately 8 million shares of SpaceX in the second quarter, with the investment valued at about $1.37 billion as of June 30, making it the largest single holding in her portfolio.

According to regulatory filings, Rinehart's increased SpaceX stake is valued at $1.37 billion, accounting for a significant portion of her overall investment portfolio. SpaceX remains a privately held company, with investors primarily gaining exposure through private equity transactions.

In addition to SpaceX, Rinehart's investment firm also deployed hundreds of millions of dollars into U.S. stock markets in the second quarter, further expanding its position in U.S. equities. (Bloomberg)