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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 9th, 2015 - 09:45 GMT

New Jordan Valley 'Marshall Plan' brings hope for future Palestinian prosperity

Al Bawaba
June 9th, 2015 - 06:25 GMT

Lebanese exporters to receive 50 percent tax cut incentive

Al Bawaba
June 9th, 2015 - 06:00 GMT

Jordan launches the Middle East's largest solar energy project

Al Bawaba
June 9th, 2015 - 05:41 GMT

Egypt: $1.3B in US aid to continue despite country 'moving away from democracy'

Al Bawaba
June 8th, 2015 - 03:04 GMT

Jordan denies entry to Iranian religious tourists

Mobile data traffic in the Middle East and Africa will be 14 times larger in 2020 than six years ago, Ericsson Mobility Report said Sunday. (Shutterstock)
June 8th, 2015 - 03:00 GMT

A region of phone addicts? MENA mobile data traffic to grow 14-fold by 2020

Al Bawaba
June 8th, 2015 - 01:54 GMT

Egyptians in Libya: migrant workers escape to insecurity

Palestine's economy would grow by $50 billion, 36 percent, while Israel's would grow by $120 billion, a report said Monday. (AFP/File)
June 8th, 2015 - 01:44 GMT

Peace would pump billions into both Israeli and Palestinian economies

Al Bawaba
June 8th, 2015 - 01:34 GMT

Iran begins building its largest refinery

Turkey's BIST 100 index plunged 5.67 percent, while the Turkish lira dropped 4 percent in value after elections. (AFP/File)
June 8th, 2015 - 01:15 GMT

Turkey market plunges, lira hits record low after ruling party’s setback in elections

Al Bawaba
June 8th, 2015 - 12:50 GMT

UAE car dealers go all out to attract customers during Ramadan

Al Bawaba
June 8th, 2015 - 12:30 GMT

Saudi Arabia unveils $394M expansion plan for airport

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