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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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The Jeddah Park Hyatt Spa, Saudi Arabia (Photo courtesy of Hyatt Hotels)
May 5th, 2015 - 04:00 GMT

Hyatt unveils plans for GCC expansion: 9 more hotels by 2017

Al Bawaba
May 5th, 2015 - 03:30 GMT

No love lost: Libyan embassy nixes $1m PR contract in Washington

Al Bawaba
May 4th, 2015 - 01:15 GMT

Federation Council of GCC Chambers to meet in Muscat on Sunday

Al Bawaba
May 4th, 2015 - 07:39 GMT

Lebanon ranks 8th most expensive destination to send your dollar

Al Bawaba
May 4th, 2015 - 07:33 GMT

Joint Egypt-Canada venture to build Cairo railway

Al Bawaba
May 4th, 2015 - 07:14 GMT

Open arms: 13.2 million international visitors to Dubai in 2014

Al Bawaba
May 4th, 2015 - 06:57 GMT

A perilous journey: Jordan-Syria border attack halts exports

Al Bawaba
May 4th, 2015 - 06:34 GMT

Iraq's oil prices drop after hike in crude output

Mövenpick is one of the world's leading hoteliers. (Royal Adventure Tourism)
May 4th, 2015 - 05:48 GMT

Luxury, Swiss style: Mövenpick announces new hotels in Saudi, Morocco

Al Bawaba
May 4th, 2015 - 05:10 GMT

Hola! Major Dubai developer teams up with Spain to build Deira resort

Al Bawaba
May 3rd, 2015 - 02:00 GMT

Sweeter deals: allowances and benefits up across the GCC

Al Bawaba
May 3rd, 2015 - 08:46 GMT

Gently down the stream: finalizing plans for Egypt's first floating power plant

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