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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
December 11th, 2014 - 10:37 GMT

Not just after the slums: Qatar acquires Parisian luxury hotel for $405 billion

Bayoumi said that Egypt and the EU have implicitly agreed to resume the technical committees of the partnership’s work.
December 11th, 2014 - 10:30 GMT

On a silver plate? EU offers Egypt a new trade agreement

Al Bawaba
December 11th, 2014 - 04:55 GMT

Alhamdullilah! Iraq's economy shrinks less than expected

"I can't accept having my history stigmatised with approving a deal that might harm Jordan and Jordanians. The government is here to serve the country and its interests," the premier said.
December 10th, 2014 - 09:32 GMT

Not 'sitting' well? Jordan's Lower House recommends scrapping tentative gas deal with Israel

Al Bawaba
December 10th, 2014 - 08:13 GMT

Nine years overdue? Netanyahu makes cost-of-living promise ahead of Israeli elections

Al Bawaba
December 10th, 2014 - 08:01 GMT

The absolute perfectionist? Airbus delivery to Qatar Airways delayed 'indefinitely'

Al Bawaba
December 10th, 2014 - 07:27 GMT

Dubai doctors awarded Harvard scholarships

The Saudi market’s drop in the last few weeks has nearly wiped out the benchmark’s year-to-date gains, which now stand at just 1.1 percent.
December 10th, 2014 - 07:15 GMT

Fresh wave of panic selling: GCC stocks fall sharply, again

Jordan currently imports 97% of its energy, paying at least double what it would pay for Israeli gas.
December 10th, 2014 - 06:01 GMT

Jordan's energy minister wholeheartedly sells gas deal with Israel

Oil prices will stay at about $65 a barrel for at least half a year until OPEC changes its collective production
December 10th, 2014 - 05:36 GMT

Kuwait says oil prices 'stuck' at $65, unless OPEC changes it mind

Al Bawaba
December 10th, 2014 - 03:53 GMT

In for the long haul? BP to invest $12 billion in solving Egypt's energy crisis

 In addition to winning ‘World’s Leading Airline’, Etihad Airways scooped up a further two awards ‘World’s Leading First Class’ and ‘World’s Leading Cabin Crew’.
December 10th, 2014 - 06:45 GMT

Etihad airways scoops 'World's Leading Airline' award for sixth year in a row

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