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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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Once businesses improve accountability and governance, they will be even more attractive to international investors. (Shutterstock)
June 1st, 2015 - 07:45 GMT

Private equity in MENA: still room to grow

Al Bawaba
June 1st, 2015 - 06:00 GMT

Asian tigers not hungry for GCC exports

MENA spending accounts for 14 percent of global wellness tourism spending. (Shutterstock)
June 1st, 2015 - 04:28 GMT

Just chillax: MENA wellness tourism growth at the top of the table

Al Bawaba
June 1st, 2015 - 04:00 GMT

Kurdish administration urges Baghdad to uphold oil agreement

Al Bawaba
May 31st, 2015 - 03:00 GMT

The price to pay for art? Iranian painting breaks Tehran auction record at $845K

A Pakistani Muslim man arranges Iftar food for Muslim devotees before they break their fast during the holy fasting month of Ramadan in Karachi on June 30, 2014. (AFP/Asif Hassan)
May 31st, 2015 - 02:00 GMT

Who says fasting's bad for business? Food sales in UAE to grow during Ramadan

Al Bawaba
May 31st, 2015 - 01:30 GMT

The GCC's top 25 banks in 2015

A banker stacks packed Syrian lira bills at the Central Bank in Damascus in 2011. (AFP/File)
May 31st, 2015 - 10:00 GMT

Syrian regime revenues shrink as losses mount in civil war

Al Bawaba
May 31st, 2015 - 08:47 GMT

Israel expects Germany to lead fight against boycotts, product labeling from West Bank

Egypt's state grain buyer said the purchase is due for an early July shipment.
May 31st, 2015 - 08:18 GMT

Egypt buys 240,000 tonnes of Russian, Romanian wheat

Al Bawaba
May 31st, 2015 - 08:04 GMT

GCC construction seen at record $172B this year

Jordan remains a top medical tourism destination for patients around the world. (Shutterstock)
May 31st, 2015 - 07:49 GMT

Jordan sector leaders highlight potential growth in medical tourism

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