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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 4th, 2015 - 09:04 GMT

UAE’s Emirates begins more direct flights to England

German Foreign Minister Frank-Walter Steinmeier welcomes his Iranian counterpart Mohammad Javad Zarif on Jan. 15, 2015, in Berlin. (AFP/Jonh MacDougall)
August 4th, 2015 - 08:55 GMT

Germany opens bank in Iran

Al Bawaba
August 4th, 2015 - 08:40 GMT

Lebanon: Public sector salaries under threat over government impasse

Al Bawaba
August 4th, 2015 - 08:30 GMT

BW Gas secures bid for Egypt’s floating LNG terminal

Al Bawaba
August 4th, 2015 - 08:10 GMT

Egypt’s stock market loses $360 million on Monday

French and Lebanese Defense Ministers at the handover ceremony of the first batch of $3B French arms delivery, financed with a Saudi grant. (AFP/File)
August 4th, 2015 - 08:01 GMT

Lebanon: Visit by Italian minister sparks rumours of military equipment delivery

Beirut is still grappling with a waste crisis that is threatening the health of its residents. (AFP/File)
August 3rd, 2015 - 06:40 GMT

Beirut's trash crisis sparks interest in sustainable practices

Al Bawaba
August 3rd, 2015 - 01:48 GMT

UN schools at risk of closing, but Jordan’s public schools says there’s no room for refugees

Al Bawaba
August 3rd, 2015 - 12:39 GMT

Thirty Saudis graduate from Harvard University's leadership program

Al Bawaba
August 3rd, 2015 - 11:39 GMT

Six things you should know about Egypt's Suez Canal

Al Bawaba
August 3rd, 2015 - 11:13 GMT

Southern Lebanese are hot under the collar over water cuts

Al Bawaba
August 3rd, 2015 - 10:51 GMT

Saudi women complain of exploitation in cosmetics sales

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