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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 6th, 2015 - 03:39 GMT

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May 5th, 2015 - 06:00 GMT

A move in the right direction: Sharjah to offer more affordable housing

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May 5th, 2015 - 10:10 GMT

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Kabsa, a Saudi specialty. (File photo)
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Al Bawaba
May 5th, 2015 - 07:38 GMT

Migrant workers, modern-day slavery? Qatar recognizes need to change controversial 'kafala' system

Al Bawaba
May 5th, 2015 - 07:18 GMT

The struggle for school seats in Abu Dhabi: 60,000 places needed

Al Bawaba
May 5th, 2015 - 06:56 GMT

Boeing eyes Iranian market in wake of nuclear negotiations

Al Bawaba
May 5th, 2015 - 05:15 GMT

Fast-tracked freight: Dubai pilots 'virtual corridor' to streamline customs clearance

Al Bawaba
May 5th, 2015 - 05:00 GMT

Muslims and non-muslims alike investing in UK sharia-compliant banks

Al Bawaba
May 5th, 2015 - 04:45 GMT

Mercedes-Benz clarifies withdrawal from Egypt rumours

Al Bawaba
May 5th, 2015 - 04:15 GMT

Time to redress gender imbalance in GCC petrochem sector: report

Al Bawaba
May 5th, 2015 - 04:05 GMT

Banking on a digital future: UAE aims for dominance in digital payments

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