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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 10th, 2015 - 07:40 GMT

Gordon Ramsay back in Dubai for seconds with a new casual dining venture

Al Bawaba
June 10th, 2015 - 07:24 GMT

Egypt Foreign Ministry violates currency rates when paying diplomats: report

Some US lawmakers are arguing to repeal a longstanding ban on US crude oil exports. (Shutterstock)
June 10th, 2015 - 04:30 GMT

OPEC's quotas 'an act of aggression' that demands counter-offensive: Texas regulator

Al Bawaba
June 10th, 2015 - 04:00 GMT

Plundered artifacts are an organized source of revenue in Iraq, Syria: report

Al Bawaba
June 9th, 2015 - 01:58 GMT

Is Samsung losing out to the iPhone?

Al Bawaba
June 9th, 2015 - 01:29 GMT

Ten European cities ask Emirates to provide direct flights to US

Al Bawaba
June 9th, 2015 - 01:06 GMT

Iran to sue US if it blocks new Airbus jets

Al Bawaba
June 9th, 2015 - 01:00 GMT

Fun times: Dubai aims to rival Orlando as entertainment and leisure hub

The inconclusive result of Turkey's parliamentary election may aggravate tensions with economic policy, Fitch Ratings said late Monday. (AFP/File)
June 9th, 2015 - 12:14 GMT

Turkish elections ‘heighten uncertainty’ about economic policy: Fitch

Al Bawaba
June 9th, 2015 - 11:57 GMT

Russia mulls oil sales for Iran

Al Bawaba
June 9th, 2015 - 11:45 GMT

Islamic Bank: Microfinance will help alleviate poverty worldwide

Al Bawaba
June 9th, 2015 - 11:27 GMT

Half of Egypt's foreign investment dues paid: Central Bank

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