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Musk leveraged SpaceX loans to support Tesla, SolarCity
April 25th, 2026 - 09:10 GMT
Osama Ali

Osama Ali

Musk leveraged SpaceX loans to support Tesla, SolarCity

ALBAWABA - The New York Times' research has shown how Elon Musk uses SpaceX as a primary source of funding to sustain his personal liquidity as well as other businesses in his portfolio. The study claims that Musk obtained large loans from SpaceX, starting with $100 million in 2018 and growing to over $500 million over the next years. These loans were secured by his firm shares and had interest ...
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Al Bawaba
August 17th, 2015 - 03:29 GMT

Arab Bank assures shareholders after out-of-court settlement on Hamas case

Al Bawaba
August 17th, 2015 - 03:14 GMT

Turkish Airlines sees 10 percent leap in passengers

Al Bawaba
August 17th, 2015 - 12:00 GMT

World's first glossary of Halal travel terms launched

Al Bawaba
August 17th, 2015 - 11:00 GMT

GCC's $1.9B private education sector a boost for refurb business

Al Bawaba
August 17th, 2015 - 06:07 GMT

Hey big spender: Saudi goes for broke as it burns through foreign reserves

Al Bawaba
August 17th, 2015 - 05:24 GMT

Indian PM Modi on historic two-day visit to UAE

The Soneva Group owns luxury resorts around the world, including Soneva Fushi in the Maldives. (Trip Advisor)
August 16th, 2015 - 05:00 GMT

Luxury hotel company Soneva plans a seven-star resort in Oman

Al Bawaba
August 16th, 2015 - 04:00 GMT

UAE to open 12 more marine transport stations

Al Bawaba
August 16th, 2015 - 03:00 GMT

Japanese companies may be next to invest in Iran’s rich mineral reserves

Al Bawaba
August 16th, 2015 - 02:00 GMT

Dubai’s International City residents face parking shortages, rack up hefty fines

Al Bawaba
August 16th, 2015 - 01:00 GMT

Russia gives Egypt missile ship after Suez Canal opening

Al Bawaba
August 16th, 2015 - 12:00 GMT

Turkey takes credit for moving Iraqi Kurdish oil to international market

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