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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 Iranian president noted that his administration also managed to increase the budget for the country’s development over the past two years (image: on file).
April 26th, 2015 - 04:55 GMT

Iran’s dependence on oil hits record low, says Rouhani

Officials have played down the impact of the phosphate spill in the Nile (image: on file).
April 23rd, 2015 - 09:24 GMT

'Nile fears': Mineral water companies rushing to meet demand in Egypt

The agreement, which is to involve 60% of local production, is to kick off in Sharm El-Sheikh (File photo).
April 23rd, 2015 - 01:14 GMT

Coming soon: African Free Trade to be launched from Egypt

Al Bawaba
April 23rd, 2015 - 01:02 GMT

Fashionably late: Apple Watch to make it to UAE's grey market on Saturday

Al Bawaba
April 23rd, 2015 - 12:56 GMT

Sorry, we take it back: Dubai rents will not fall significantly in 2015

Al Bawaba
April 23rd, 2015 - 04:55 GMT

Progressive much? Jordan universities now allowed to offer online BA degrees

Al Bawaba
April 23rd, 2015 - 04:55 GMT

A crash diet? Saudi Arabia to trim oil supply to Asia

Al Bawaba
April 22nd, 2015 - 05:42 GMT

Blessed? Emirates Islamic to post double profits

The UAE was the only Arab country in the top five choices identified by Arab youth (image: on file).
April 22nd, 2015 - 05:21 GMT

True or false? UAE top country for Arab youth to live in

Facebook also will relax its previous rule that prevented people from seeing multiple posts from the same source.
April 22nd, 2015 - 03:56 GMT

Facebook to change newsfeed, focus on friends 'you care about'

Al Bawaba
April 22nd, 2015 - 08:20 GMT

Qatar Airways: more Middle East, more Europe

Al Bawaba
April 22nd, 2015 - 08:04 GMT

Will Dubai be the one to help this time around? Abu Dhabi real estate slowdown anticipated

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