Gina Rinehart's Gulfstream G600 lands in Santa Fe after her SpaceX IPO bet

Gina Rinehart's Gulfstream G600 (N920BM) was tracked flying from Scottsdale Airport (KSDL) to Santa Fe Municipal Airport (KSAF) on June 26, arriving after a 53-minute flight at 18:29 UTC. The aircraft, registered to Hancock Prospecting's chairman, had previously repositioned from the Dallas area to Arizona earlier the same day.

If Gina Rinehart was aboard, the arrival follows a week of intense public focus on her record investment in SpaceX. As reported by Bloomberg and Forbes Australia in mid-June, Rinehart invested over $1 billion in the SpaceX IPO through Hancock Prospecting, describing the company as a "rare business" led by an "exceptional person." The timing suggests Rinehart may be in Santa Fe for meetings or personal business, perhaps reflecting on the soaring SpaceX valuation, which per Business Insider topped $2 trillion in its first week of trading.

Rinehart's visit to Santa Fe — a city known for its calm and privacy — comes as her mining-to-space pivot draws scrutiny. The aircraft's recent flight from Texas to Arizona, then to New Mexico, hints at a multi-stop itinerary that could involve discussions with US partners about critical minerals supply chains, a key pillar of her strategy per Forbes Australia. Santa Fe offers discretion for a billionaire whose holdings now span iron ore, rare earths, and Elon Musk's rocket company.