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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 2nd, 2015 - 06:59 GMT

Jordan plans four industrial cities with $30m Saudi grant

Al Bawaba
June 2nd, 2015 - 06:34 GMT

Lebanon risks losing oil and gas investments over licensing delays: minister

Despite the glitz of Riyadh, thousands live below the poverty line in Saudi Arabia. (Shutterstock)
June 2nd, 2015 - 06:19 GMT

Property prices skyrocket in Saudi Arabia

Al Bawaba
June 1st, 2015 - 07:24 GMT

Saudi company Dur to invest $399M in hospitality, residential projects

Al Bawaba
June 1st, 2015 - 03:05 GMT

Lebanese army receives US missile shipment for fight to protect borders

Al Bawaba
June 1st, 2015 - 02:52 GMT

Iran, China agree on new oil payments

Al Bawaba
June 1st, 2015 - 02:36 GMT

A top tourist destination, Dubai to build 28,000 more hotel rooms by 2018

Al Bawaba
June 1st, 2015 - 02:29 GMT

Egypt signs $2B deal with Italian company for exploration: petroleum ministry

Al Bawaba
June 1st, 2015 - 01:00 GMT

On track for a nuclear future in the UAE?

Al Bawaba
June 1st, 2015 - 12:00 GMT

Stress taking its toll on MENA workers: study

Al Bawaba
June 1st, 2015 - 11:00 GMT

Jordan signs $1.5 billion guaranteed loan agreement with US

Israel's blockade on the strip caused a 50 percent decrease of Gaza's GDP, the World Bank said. (AFP/Thomas Coex)
June 1st, 2015 - 10:13 GMT

Gaza’s unemployment rate the highest globally: World Bank

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