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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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The traditional Silk Route extended 4000km across an extensive transcontinental network. (Wikimedia Commons)
June 28th, 2015 - 05:42 GMT

Egypt solidifies links to China with membership in Silk Road Economic Belt trade union

Al Bawaba
June 28th, 2015 - 10:00 GMT

Saudi's education sector takes a hit with 38 percent of teachers leaving this year

Al Bawaba
June 28th, 2015 - 09:00 GMT

Arab investors move into Canadian health food market

An exodus of tourists followed the attack on a beach resort Friday. (AFP/File)
June 28th, 2015 - 07:00 GMT

Thousands of fearful tourists flee Tunisia after beach resort attack in Sousse

Al Bawaba
June 28th, 2015 - 06:22 GMT

Boost in Iran’s auto output expected in 2015

Al Bawaba
June 28th, 2015 - 05:28 GMT

Lebanon: center for forensic science and rehabilitation to open in Tripoli

The World Investment Report 2014 reported a near-46 percent decline of foreign investments into Israel after an international boycott movement. (AFP/File)
June 28th, 2015 - 05:00 GMT

Foreign investments in Israel down by nearly half: UN

Al Bawaba
June 27th, 2015 - 08:59 GMT

Cost of sending foreign funds from US to Lebanon rises

The Gulf state's oil facilities will be protected by maximum security after increased fears of more extremist attacks. (AFP/File)
June 27th, 2015 - 07:23 GMT

Kuwait heightens security for oil sector after Daesh attack on Shiite mosque

Al Bawaba
June 27th, 2015 - 06:06 GMT

Boycott of Egypt’s phone operators to continue Saturday

Al Bawaba
June 26th, 2015 - 01:34 GMT

Iran accelerates drilling of largest oilfield

Al Bawaba
June 26th, 2015 - 01:00 GMT

OPINION: Mixed-gender workplaces must not be a stigma for Saudi women

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