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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
May 31st, 2015 - 07:02 GMT

World Bank to grant $600m to Egyptian SMEs

Al Bawaba
May 31st, 2015 - 06:35 GMT

Palestinian male youth unemployment at 40 percent, females at 63 percent last year: ILO

There is a greater need to monitor cash movements across borders. (Shutterstock)
May 31st, 2015 - 04:00 GMT

Lebanese banks commit to choking terrorism funding

Al Bawaba
May 29th, 2015 - 05:00 GMT

Etihad Airways annual profits jump 52 percent after expansion

Al Bawaba
May 29th, 2015 - 02:24 GMT

Jordan launches renewable energy projects funded by EU

Al Bawaba
May 29th, 2015 - 01:34 GMT

Frauds in power? VPs, CEOs in UAE hold fake degrees, without knowing it

Al Bawaba
May 29th, 2015 - 01:02 GMT

A ‘tsunami’ of cash: In a slowing economy, Iran faces a dilemma with growing liquidity

Al Bawaba
May 29th, 2015 - 12:39 GMT

As FIFA corruption scandal worsens, Qatar shares flounder

Al Bawaba
May 28th, 2015 - 09:52 GMT

Egypt officials using state accounts as ‘private piggy banks’: report

Al Bawaba
May 28th, 2015 - 08:36 GMT

Nakheel's 'The Pointe' mega-complex leases 100 units prior to completion

Al Bawaba
May 28th, 2015 - 08:15 GMT

Egypt cuts off 60% of gas factories to save electricity, as demand far exceeds production

Al Bawaba
May 28th, 2015 - 07:07 GMT

OPINION: Harness technology for socioeconomic change in MENA

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