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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
November 12th, 2014 - 07:57 GMT

Turns out it’s not true! Yahoo denies closing Dubai headquarters

Al Bawaba
November 12th, 2014 - 07:30 GMT

Spreading its wings: Top UAE engineering firm to expand in GCC and Iraq

Al Bawaba
November 12th, 2014 - 06:53 GMT

Spicing it up: Indian entrepreneur to invest $266.5 million in Saudi phrama sector

Al Bawaba
November 12th, 2014 - 04:55 GMT

ISIL may have smuggled oil into Turkey- using donkeys

Annual inflation reached its highest rate in nearly four years a year ago, then began falling until the fuel price hikes in July.
November 11th, 2014 - 09:04 GMT

A politically 'sensitive' figure: Egypt's consumer inflation rises to 11.8%

Kuwait has no plans to cut its own crude production, which should increase to 4 million barrels from a current by 2020,
November 11th, 2014 - 07:20 GMT

Keep calm and carry on: OPEC will not slash oil output

Al Bawaba
November 11th, 2014 - 06:21 GMT

London's 'suggestive' Gherkin tower sold to Safra Group

"We need to put policy on it. We need to put an order to it so we can do something regarding consumption."
November 11th, 2014 - 02:01 GMT

The tide is shifting: Petrol subsidy reform looms over Kuwait

“The Shah Gas Project is on track to commence production in 2014."
November 11th, 2014 - 01:29 GMT

The worst time possible? UAE invested $70 billion to boost oil an gas output

Shell reached an agreement with the Ministry of Petroleum on shale gas pricing for which Shell will begin production trials soon.
November 11th, 2014 - 04:55 GMT

'Too costly': Shell to abandon water exploration in Egypt

.Zain Iraq, the country's No.1 mobile operator by subscribers, will launch long-awaited high-speed 3G services in January
November 11th, 2014 - 04:55 GMT

A long overdue 'gamechanger': Zain Iraq to introduce 3G to the country

Markets should not panic over the recent plunge of oil prices because the situation will resolve itself,
November 11th, 2014 - 02:01 GMT

Rational or delusional? OPEC boss says oil price situation will 'fix itself'

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