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Gina Rinehart and Elon Musk

‘The future’: What sparked Gina Rinehart’s billion-dollar SpaceX investment

Australia’s richest person joins forces with the world’s richest to leverage local critical mineral assets and strengthen the Australia/US relationship. They will both potentially make billions more in the process.

  • By Shivaune Field
  • Business Journalist

Live: RBA Rate Decision Tracker (June, 2026)

From aggressive hikes to the first cuts of the cycle, the Reserve Bank’s policy moves have reshaped mortgages, business borrowing and the economy. Below, we break down every rate decision since 2023.

  • By Forbes Australia

The luxury property buyer is changing. So are the postcodes

Opinion: The new luxury property buyer isn’t an inheritor or corporate executive. Economist Atom Go Tian explains how founders are reshaping Australia’s prestige property market. Behind every luxury property transaction is a person. For decades, the very top of the market was largely the domain of corporate executives reaching the peak of long careers or […]

  • By Atom Go Tian - contributor

Facebook Launches Search Engine AI Tool That Could Make Meta $10 Billion A Year, Analyst Says

The new feature positions Meta as a more direct competitor of Google’s search engine.

  • By Mary Whitfill Roeloffs

Asides

Australian billionaires’ Sigma Healthcare in talks to buy U.K.’s Boots in deal valued at $10 billion

Sigma Healthcare—which counts Australian billionaire brothers Jack and Sam Gance and their business partner Mario Verrochi as its biggest shareholders—has been seeking to expand in the U.K.

  • By Yessar Rosendar

Australians invent world-class climate tech. So why aren’t we buying it?

Opinion: Australia has no shortage of climate innovation. What it lacks are enough businesses willing to buy it, argues Asha Kayla, forcing many businesses to look overseas.

  • By Asha Kayla - contributor

Investor demand for SpaceX IPO tops $250 billion, reports

The $75 billion SpaceX seeks to raise in its historic IPO would value the company at roughly $1.77 trillion.

  • By Antonio Pequeño IV
OpenAI

OpenAI says it filed paperwork to go public

OpenAI said it has not decided exactly when the IPO would take place.

  • By Zachary Folk
SpaceX plans to sell about 555.6 million shares for $135 in the initial public offering.

SpaceX targets $75 billion for IPO—valuing company above US$1.75 trillion

The company plans to sell about 555.6 million shares for $135 in the initial public offering.

  • By Antonio Pequeño IV

Anthropic confidentially files for its highly anticipated IPO

Anthropic joins a wave of blockbuster tech listings, from OpenAI to SpaceX.

  • By Alicia Park
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