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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 initial oversupply came mostly from a boom in US shale production, which was turning Americans from OPEC's biggest customer into a competitor (image: on file).
April 22nd, 2015 - 07:30 GMT

Confident oil will rise, OPEC claims to be winning the price war

Al Bawaba
April 22nd, 2015 - 07:12 GMT

'Welcome' to stay: Saudi Arabia says it wont limit stay of expats

Al Bawaba
April 21st, 2015 - 07:21 GMT

Maxed out? US shale oil output to fall for first time in 4 years

“Remittances of Lebanese expatriates increased from $7.86 billion in 2013 to $8.9 billion in 2014.”
April 21st, 2015 - 01:50 GMT

Profitable brain drain: Lebanon's remittances increase to $8.9 billion

Al Bawaba
April 21st, 2015 - 01:44 GMT

A small world after all: Saudi Arabia bans HSBC from taking on more funds

Al Bawaba
April 21st, 2015 - 07:18 GMT

Dubai crown prince approves new set of Islamic economy initiatives

Al Bawaba
April 21st, 2015 - 06:58 GMT

Resilience or denial? Middle East oil firms still hiring despite price plunge

US undersecretary of commerce for international trade says a lot of work to be done before reaching a final agreement with Iran
April 20th, 2015 - 05:32 GMT

A paradigm shift? US to 'possibly' do business with Iran

The government is currently negotiating a $500 million loan from the World Bank to build affordable housing (image: on file).
April 20th, 2015 - 05:27 GMT

Officially recovered, nshallah: Egypt's economic growth to reach 4.5%

Al Bawaba
April 20th, 2015 - 04:36 GMT

Crude behavior: SABIC profits plummet, stocks surge

Al Bawaba
April 20th, 2015 - 05:55 GMT

Giving back: Dubai to invest $10 billion in the Philippines

Al Bawaba
April 20th, 2015 - 04:55 GMT

'Purely economic': Jordan joins as founding member of China-led AIIB bank

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