Analyst says mining billionaire unlikely to be worried by lost paper profits after Elon Musk’s company dipped below its debut share price

• Follow our Australia news live blog for latest updates

• Get our breaking news email, free app or daily news podcast

Gina Rinehart is among thousands of Australians who have lost money on Elon Musk’s SpaceX, as the tech company’s share price crashes back to earth.

SpaceX shares closed below their debut price of US$135 a share during trading on Thursday, at $131.11.