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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 9th, 2015 - 08:28 GMT

Iraq gets a 'B' rating from Fitch

Al Bawaba
August 9th, 2015 - 08:21 GMT

Super mall coming soon as work begins for major Abu Dhabi project

Al Bawaba
August 9th, 2015 - 07:08 GMT

Egypt, Saudi Arabia eye French warships after canceled sale to Russia

Al Bawaba
August 9th, 2015 - 05:30 GMT

Jordan's $40M Workforce Development Projects to support vocational and technical training

Al Bawaba
August 9th, 2015 - 04:30 GMT

High remittances helping Lebanon to weather financial crisis

Al Bawaba
August 9th, 2015 - 04:00 GMT

Is Islamic finance the key to developing Africa's infrastructure?

Al Bawaba
August 9th, 2015 - 01:48 GMT

Yemen's Aden gets first commercial flight since airstrikes began

Egypt has the second-largest number of millionaires living in the country. (Flickr)
August 6th, 2015 - 10:24 GMT

This Arab country has the second-largest number of millionaires in Africa

Lebanon's finance minister said there will be no extra budgetary spending until it's legalized. (AFP/File)
August 6th, 2015 - 10:08 GMT

Lebanon’s budget spending is at a freeze until Cabinet approves extra money

Jordan needs a growth rate of about 6 percent to absorb new employment trends, the International Monetary Fund said. (AFP/File)
August 6th, 2015 - 10:01 GMT

IMF: Jordan needs reform to adjust to the labor force

Al Bawaba
August 6th, 2015 - 09:18 GMT

Operations in West Bank pay off: Nestle in Palestine earns international certification

A US Treasury Department official said Wednesday the country would need to meet the conditions in the agreement first. (AFP/File)
August 6th, 2015 - 09:01 GMT

Removing Iran sanctions will take six to nine months: US Treasury

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