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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 22nd, 2015 - 01:15 GMT

UAE, Saudi Arabia continue to grow despite cheap oil

Al Bawaba
June 22nd, 2015 - 01:08 GMT

Lebanese fashion sector ready for the runway, but lacks access to financial market

Al Bawaba
June 22nd, 2015 - 07:43 GMT

Saudi's $7B airport on track for completion in 2016

Al Bawaba
June 22nd, 2015 - 05:43 GMT

2014 - a record year for renewable energy: report

Al Bawaba
June 22nd, 2015 - 04:25 GMT

Qatar's vast gas reserves can last 138 years: report

Food consumption rises by 70 percent during Ramadan. (Shutterstock)
June 22nd, 2015 - 04:08 GMT

OPINION: Has Ramadan become the month of food and TV?

Al Bawaba
June 21st, 2015 - 10:33 GMT

The Magic Kingdom comes to the Holy Land: Disney to develop animation series in Jerusalem

Al Bawaba
June 21st, 2015 - 09:10 GMT

US, UAE in new tax compliance agreement

Al Bawaba
June 21st, 2015 - 08:58 GMT

New rules see Yemenis rush in to fill Ramadan jobs in Saudi Arabia

Al Bawaba
June 21st, 2015 - 08:31 GMT

Jordan: Internet users near 6 million in Q1

Al Bawaba
June 21st, 2015 - 08:16 GMT

Lebanon: Traders accused of over-inflating food prices

The World Bank warned of a fiscal crisis due to the continuing blockade in the Gaza Strip. (AFP/FIle)
June 21st, 2015 - 03:42 GMT

World Bank to deliver $55M in aid to Palestine

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