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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
April 30th, 2015 - 01:41 GMT

'Fixing imbalances': Kuwait to freeze entry of expats

Al Bawaba
April 29th, 2015 - 09:17 GMT

Why not? Sharjah aims for 10 million visitors by 2021

Al Bawaba
April 29th, 2015 - 09:03 GMT

A historic low: Bank of Israel keeps interest rates at 0.1%

Iran’s balance of trade (BoT) turned positive in April with its exports exceeding the imports by USD 760 million. (File photo).
April 29th, 2015 - 03:54 GMT

Iran records positive trade surplus

Al Bawaba
April 29th, 2015 - 02:29 GMT

Nile Ritz Carlton to open its doors in July

Al Bawaba
April 29th, 2015 - 11:17 GMT

Air Arabia Jordan to begin low-cost flights next month

Al Bawaba
April 29th, 2015 - 06:30 GMT

Coping mechanisms: World Bank mulls financial support to Jordan despite not being low-income economy

The Bulgari Resort and Residences Dubai aims to seamlessly integrate the physical elements present on the Jumeira Bay Island. (File image)
April 28th, 2015 - 09:55 GMT

To go well with Armani and Versace: Bulgari residences to debut in Dubai

Real estate value nevertheless increased significantly year-on-year, even in the city's cheapest districts (File photo)
April 28th, 2015 - 08:48 GMT

Istanbul real estate prices up 20 percent

Al Bawaba
April 28th, 2015 - 11:51 GMT

The Arab Fashion Council launches its activities in the Region

the report projected healthy growth in the GCC economy with the non-oil sector continuing its momentum. (File photo)
April 28th, 2015 - 11:44 GMT

Rebounding: Bahrain's GDP to grow by 4.5%

Al Bawaba
April 28th, 2015 - 07:56 GMT

Stop complaining: Syrian War did not affect Lebanese trade after all

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