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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 16th, 2015 - 08:31 GMT

Rising in the face of oversupply: Brent crude hits 2015 highs

Currency, interest rates and deposits showing signs of stability, according to central bank Governor Riad Salameh (image: on file).
April 16th, 2015 - 08:00 GMT

Lebanon's economy finally coping with Syrian crisis

In 2013, the IMF’s projections for real GDP growth was 2.2% (image: on file).
April 16th, 2015 - 07:45 GMT

Some optimism: IMF raises Egypt's growth forecast for 2015, 2016

Al Bawaba
April 16th, 2015 - 04:55 GMT

Time for some appreciation? Etihad Airways claims to have added $1 billion to Europe's economy

Al Bawaba
April 15th, 2015 - 09:48 GMT

Bracing itself: Emaar anticipates $1 billion profits

Al Bawaba
April 15th, 2015 - 09:39 GMT

$8.47 million: Dubai imposes record fine on Deutsche Bank

Al Bawaba
April 15th, 2015 - 03:39 GMT

No longer on edge: Samsung S6 Edge sold out from Dubai's shelves

The wheat harvest lasts from April to June.
April 15th, 2015 - 03:22 GMT

It's that time of the year again: Egypt starts annual purchase of local wheat

Al Bawaba
April 15th, 2015 - 01:13 GMT

A courageous bid: Nokia confirms acquistion of Alcatel for $16.6 billion

Al Bawaba
April 15th, 2015 - 12:49 GMT

'We would've starved to death': Gulf is Lebanese economy's life support, says official

Al Bawaba
April 15th, 2015 - 08:59 GMT

A listening ear? Saudi Arabia to discuss oil markets with Russia, Brunei

Al Bawaba
April 15th, 2015 - 05:55 GMT

Easing a chronic shortage: Egypt to import $3.55 billion worth of LNG

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