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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 10th, 2015 - 08:31 GMT

Kuwait to beef up its airforce with $3bn order of Boeing fighter jets

Al Bawaba
May 10th, 2015 - 08:05 GMT

Emirates airline annual profit soars 40% to $1.2 billion; lower oil prices provide relief

Al Bawaba
May 10th, 2015 - 07:57 GMT

Islamic bank Tabarak launches as a new player in the market with $1.1 billion in project finance

Al Bawaba
May 10th, 2015 - 07:48 GMT

Annual Saudi power exhibition to showcase new energy products

Al Bawaba
May 10th, 2015 - 07:21 GMT

SodaStream West Bank factory closing ahead of schedule

Al Bawaba
May 10th, 2015 - 06:59 GMT

Telemedicine - the high tech answer to the UAE's burgeoning health needs?

Al Bawaba
May 10th, 2015 - 04:53 GMT

Dubai hosts 'mammoth' airport trade show

Al Bawaba
May 10th, 2015 - 04:30 GMT

Qatar snaps up a piece of British history with purchase of Claridges in London

Al Bawaba
May 10th, 2015 - 04:19 GMT

ABC Islamic Bank posts 75 percent rise in Q1 profit to $6.1m

Emiratis will also have visa-free entry to eight non-Schengen states. (Twitter)
May 9th, 2015 - 04:30 GMT

UAE citizens granted visa exemption for travel to Schengen area

Al Bawaba
May 9th, 2015 - 04:29 GMT

Saudi Arabian Airlines cancels lease with Hi Fly after 'historic' landing in Israel

Al Bawaba
May 8th, 2015 - 06:16 GMT

UPDATE: Following earlier mass resignation, 224 Egyptair pilots back on duty after intervention from President Sisi

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