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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 6th, 2015 - 08:53 GMT

Lebanon threatens to shut down unlicensed water companies within two weeks

Al Bawaba
August 6th, 2015 - 08:43 GMT

Suez Canal inauguration kickstarts new way to trade in Egypt

Al Bawaba
August 6th, 2015 - 10:24 GMT

Air power: Oman completes first stage of wind farm project

Al Bawaba
August 6th, 2015 - 05:30 GMT

Egypt: UAE completes major infrastructure projects as part of massive aid package

Al Bawaba
August 6th, 2015 - 05:00 GMT

Downturn in Russian tourists hits Dubai luxury retail sales

Al Bawaba
August 6th, 2015 - 04:00 GMT

Emirates NBD eyes largest slice of the Suez Canal pie

Al Bawaba
August 5th, 2015 - 06:11 GMT

Emirates expands eastwards with Bangkok Airways codeshare deal

Al Bawaba
August 5th, 2015 - 05:31 GMT

Now hiring! UAE recruitment spree expected in next trimester: survey

Oil prices falling below $45 a barrel could impact Iraq's revenues and create an even worse economic crisis. (AFP/File)
August 5th, 2015 - 04:05 GMT

Will falling oil prices plunge Iraq into a greater crisis?

Al Bawaba
August 5th, 2015 - 02:14 GMT

Kuwait’s Al Ahli Bank to acquire Piraeus Bank’s Egyptian branch

Daesh is struggling to manage its economy and obtain funds. (AFP/File)
August 5th, 2015 - 01:11 GMT

Daesh struggles with revenues as militants face financial challenges

Al Bawaba
August 5th, 2015 - 12:45 GMT

Italy to fund $2 billion worth of projects in Iran

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