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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 2nd, 2015 - 10:28 GMT

Iran's car market ready to zoom in on the action

Beirut residents hope that "Tomorrow is a better day" in terms of their waste collection. (AFP/Joseph Eid)
August 2nd, 2015 - 09:47 GMT

Lebanon: tourists seemingly undeterred by trash crisis

Al Bawaba
August 2nd, 2015 - 09:07 GMT

US Secretary of State Kerry in Cairo for start of 'strategic dialogue'

Al Bawaba
August 2nd, 2015 - 08:02 GMT

Jordan goes green with plans for solar-powered electric car charging stations

Al Bawaba
August 1st, 2015 - 12:11 GMT

OPEC frets as oil prices remain unstable

The US has given the World Food Program $65 million for Middle Eastern countries struggling to support Syrian refugees. (AFP/File)
August 1st, 2015 - 11:48 GMT

US $65 million aid package to help refugee crisis in Lebanon, Jordan

Al Bawaba
August 1st, 2015 - 09:56 GMT

Abu Dhabi Airport sees record number of passengers in July

Al Bawaba
August 1st, 2015 - 09:14 GMT

Kurdish oil in Iraq continues despite escalated conflict

Al Bawaba
July 31st, 2015 - 06:30 GMT

Egypt raises electricity prices for households with high usage

Al Bawaba
July 30th, 2015 - 10:50 GMT

Consumer prices in UAE to stay consistent despite fuel deregulation

Small businesses have been severely hit by the pile-up as fewer customers enter the establishments. (AFP/File)
July 30th, 2015 - 10:27 GMT

Lebanese restaurants suffer as garbage crisis continues

Al Bawaba
July 30th, 2015 - 08:17 GMT

Iran’s automaker Khodro to sign a deal with Mercedes ‘soon’

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