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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
July 19th, 2015 - 07:26 GMT

Egypt's EGAS tenders to buy 45 cargoes of liquefied natural gas

Analysts say Iran's annual import demands could hit $200 billion by 2020. (AFP/File)
July 19th, 2015 - 07:16 GMT

Iran’s import demands jump as high as $200B by 2020 after sanctions: analysts

Al Bawaba
July 19th, 2015 - 06:00 GMT

Jordanians head south, an Eid tourist destination

Al Bawaba
July 19th, 2015 - 05:00 GMT

UN refugee schools face cash shortfall

Al Bawaba
July 19th, 2015 - 03:00 GMT

Dubai’s Emirates calls in jumbo plane to serve Eid rush

Al Bawaba
July 18th, 2015 - 09:45 GMT

Muslims feel the Ramadan spirit as poor receive more charity this year

Al Bawaba
July 18th, 2015 - 09:10 GMT

Indian company wins supply deal for major Saudi electricity projects

Al Bawaba
July 18th, 2015 - 05:00 GMT

Five quick steps to save your iPhone from an $80 virus scam

Al Bawaba
July 17th, 2015 - 05:00 GMT

Lebanese Cabinet could destabilize economy if no work done: business leader

Qatar was ranked as the most efficient government by the WEF's Global Competitiveness Report. (Shutterstock)
July 16th, 2015 - 03:12 GMT

This Gulf country tops the World Economic Forum list for ‘most efficient’ governments

Al Bawaba
July 16th, 2015 - 02:56 GMT

No rest on Ramadan: Workers see longer hours, less sleep during the holy month

Al Bawaba
July 16th, 2015 - 02:30 GMT

Not halal! Supermarket Spinneys gets hefty fine after cockroaches found in salad bar

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