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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 development of the Nile River basin is an area of mutual concern for Sudan, Ethiopia and Egypt. (Wikipedia)
June 11th, 2015 - 01:00 GMT

Egypt, Sudan, Ethiopia form tripartite coordination 'Supreme Council'

Al Bawaba
June 11th, 2015 - 09:55 GMT

Dubai Property Show: Indians still largest foreign investors

Al Bawaba
June 11th, 2015 - 07:15 GMT

New Cairo to Capetown free trade zone will increase Africa's economic power

Al Bawaba
June 11th, 2015 - 06:44 GMT

US green light for proposed sale of military equipment to Lebanon

Al Bawaba
June 10th, 2015 - 01:55 GMT

GCC calls, texts, roaming rates reduced from April 2016

Al Bawaba
June 10th, 2015 - 12:45 GMT

FIFA scandal probe: 2026 World Cup bidding process on hold

Al Bawaba
June 10th, 2015 - 12:20 GMT

Abu Dhabi ports development to create 100,000 jobs by 2030

Al Bawaba
June 10th, 2015 - 11:17 GMT

Wired chocoholics? Coffee, chocolate sales tripled over decade in the Middle East

Qatar is projected to face its first budget deficit in 2016. (AFP/File)
June 10th, 2015 - 10:54 GMT

Qatar faces first budget deficit in 15 years, but World Cup spending will continue

Al Bawaba
June 10th, 2015 - 09:13 GMT

With high unemployment, one of four Egyptian males want to live abroad: survey

Al Bawaba
June 10th, 2015 - 09:01 GMT

Gulf expat workers send $100 billion home

The ministry is conducting thorough auditing of all accounts dating back to 1996. (AFP/File)
June 10th, 2015 - 07:56 GMT

Lebanon Finance Ministry to audit government accounts after suspicion of malpractice

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