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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
June 26th, 2015 - 06:46 GMT

GCC construction in major growth phase

The Shaybah field has the best Arabian Extra Light crude oil with a specific gravity of 42 degrees at depth of 4,900m. (Shutterstock)
June 25th, 2015 - 01:27 GMT

Saudi Aramco's expansion projects feed growing domestic demand

Al Bawaba
June 25th, 2015 - 11:46 GMT

Shell, Eni openly court Iran ahead of nuclear deal

Al Bawaba
June 25th, 2015 - 11:32 GMT

Bahrain: Foreign investment at $1B for second year running

Al Bawaba
June 25th, 2015 - 10:30 GMT

Shares jump as Etisalat lifts ban on foreign ownership

Al Bawaba
June 25th, 2015 - 05:00 GMT

Saudi Arabia signs $12B worth of projects with France

The value of deposits by Jordanians in Swiss banks was sixth among Arabs. (File photo)
June 25th, 2015 - 04:00 GMT

Which MENA citizens have the most money in Swiss banks?

Syrian refugees await assistance in Lebanon. (AFP/File)
June 24th, 2015 - 09:05 GMT

Aid to Syrian refugees like $1.2B injection to Lebanon's economy: UN

Al Bawaba
June 24th, 2015 - 08:41 GMT

Egypt doubles export subsidies to compensate for cut in energy grants

Anse Source d'Argent beach, La Digue Island, Seychelles (Shutterstock)
June 24th, 2015 - 08:25 GMT

Abu Dhabi firm eyes Seychelles airport development contract

Al Bawaba
June 24th, 2015 - 05:38 GMT

Kelloggs takeover of Bisco Misr prompts voluntary delisting from Egyptian stock exchange

Al Bawaba
June 24th, 2015 - 05:22 GMT

With GCC food imports as high as 90 percent, building up strategic reserves is vital

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