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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 9th, 2015 - 08:04 GMT

UAE won’t wait on a nuclear deal to expand economic ties with Iran: official

Al Bawaba
July 9th, 2015 - 04:26 GMT

Middle East lagging on women serving on corporate boards

The Egyptian pound was unchanged at 7.73 pounds to the dollar for the second time on Thursday's foreign exchange auction.
July 9th, 2015 - 01:50 GMT

Egyptian pound remains steady on the official market: state

Only a quarter of pledges from donors have been received for the reconstruction effort. (AFP/File)
July 9th, 2015 - 12:00 GMT

One year after Israel's summer offensive, how much of Gaza has been rebuilt?

Al Bawaba
July 9th, 2015 - 10:03 GMT

Commodities in freefall, but gold investors win from China’s stock market crash

Al Bawaba
July 9th, 2015 - 09:47 GMT

Oman goes solar for oil extraction

Al Bawaba
July 9th, 2015 - 09:36 GMT

Global sukuk market stalls as Malaysia exits the market: S&P

Iraq is losing more than $102 million every month from stolen oil that's being sold by the extremist group. (AFP/File)
July 8th, 2015 - 07:00 GMT

Daesh selling stolen Iraqi oil: parliament report

Al Bawaba
July 8th, 2015 - 05:31 GMT

Egyptian teen gets chosen among Adobe Photoshop’s most creative visual artists

The militants aren't just taking over cities; they're after small businesses selling weapons. (Twitter)
July 8th, 2015 - 05:06 GMT

Daesh profiting off fear in Mosul, taking over small weapon stores

A guard at a Kurdish oil refinery. (AFP/Safin Hamed)
July 8th, 2015 - 02:01 GMT

Baghdad open to Kurdish ‘economic independence’ in Erbil: Kurd

Al Bawaba
July 8th, 2015 - 01:53 GMT

OPINION: Lebanon needs fiscal reforms to avoid a Greece scenario

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