Skip to main content
See every side of every news story
Get Started
SubscribeLogin
Published • loading... • Updated

Aussies jump on divisive investing trend as Elon Musk’s SpaceX sheds billions

Betashares and GlobalX space funds drew tens of millions in inflows as retail buyers sought SpaceX exposure despite a steep slide from its peak.

Summary by News
Elon Musk’s SpaceX has wiped billions of dollars in market value since making its high-profile public debut. But that hasn’t scared off some Aussie investors from still wanting to get in on the action.

5 Articles

WA todayWA today
+2 Reposted by 2 other sources
Center

Rinehart almost doubles US shares to $8 billion, led by backing Elon Musk’s SpaceX

The billionaire’s portfolio of US shares includes stakes in SpaceX and Tesla, as well as the company that owns Donald Trump’s Truth Social platform.

·City of Perth, Australia
Read Full Article
Australian Financial ReviewAustralian Financial Review
Lean Right

Gina Rinehart reveals $1.9b SpaceX bet as US market splurge tops $7.5b

The mining magnate has disclosed a multibillion dollar bet on Elon Musk’s space technology company, making it her biggest US holding.

·Sydney, Australia
Read Full Article
NewsNews
Lean Right

Aussies jump on divisive investing trend as Elon Musk’s SpaceX sheds billions

Elon Musk’s SpaceX has wiped billions of dollars in market value since making its high-profile public debut. But that hasn’t scared off some Aussie investors from still wanting to get in on the action.

·Surry Hills, Australia
Read Full Article
Think freely.Subscribe and get full access to Ground NewsSubscriptions start at $9.99/yearSubscribe

Bias Distribution

  • 40% of the sources lean Left, 40% of the sources lean Right
40% Right

Factuality Info Icon

To view factuality data please Upgrade to Premium

Ownership

Info Icon

To view ownership data please Upgrade to Vantage

News broke the news in Surry Hills, Australia on Thursday, August 13, 2026.
Too Big Arrow Icon
Sources are mostly out of (0)

Similar News Topics

SpaceX icon

SpaceX

Tesla icon

Tesla

United States icon

United States

News
Feed Dots Icon
For You
Search Icon
SearchBlindspot LogoBlindspotLocal