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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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In spite of the fifth largest natural gas reserves in the world, Saudi Arabia does not produce sufficient gas for power generation and for its vast petrochemical industry. (Shutterstock)
August 3rd, 2015 - 09:27 GMT

Feelin' the burn in Saudi: Domestic energy consumption is highest in MENA

Al Bawaba
August 3rd, 2015 - 08:34 GMT

MENA private equity value surges 118 percent in 2014

Al Bawaba
August 3rd, 2015 - 07:20 GMT

UAE lifts fuel subsidies, prices expected to rise 24 percent

Al Bawaba
August 3rd, 2015 - 06:11 GMT

Gaza's poverty and unemployment levels at record high: report

Al Bawaba
August 2nd, 2015 - 09:31 GMT

Beware of UAE markets: Hackers target companies to fib stock prices

Al Bawaba
August 2nd, 2015 - 09:20 GMT

Bank of Beirut profits rise by nearly 14 percent this year

A conflict between an Egyptian news outlet and advertising company casts a shadow over the media scene. (AFP/File)
August 2nd, 2015 - 09:01 GMT

Dispute between news outlet, ad company in Egypt raises concerns over media sustainability

Al Bawaba
August 2nd, 2015 - 08:43 GMT

Iran’s petrochemical output to increase with a boost in European exports

Al Bawaba
August 2nd, 2015 - 08:21 GMT

Hundreds in Gaza protest UN relief agency cuts to fund refugees

Al Bawaba
August 2nd, 2015 - 08:11 GMT

Donors commit more than $1 billion to Jordan so far this year

Al Bawaba
August 2nd, 2015 - 07:56 GMT

Abu Dhabi taxi drivers embrace new CCTV cameras, in all cabs by 2016

Al Bawaba
August 2nd, 2015 - 11:13 GMT

Jerusalem light rail employees return to work after strike

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