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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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 “To return iPad to high growth, form factor innovation will be required. We’ll have to wait until 2015 to see if Apple addresses this issue.”
October 19th, 2014 - 11:49 GMT

A defining moment? Apple launches ipad Air 2, world's slimmest tablet

ICT experts downplayed the impact of Yahoo’s decision to close its office in Amman, but urged authorities to do more to make Jordan more attractive for international ICT companies.
October 19th, 2014 - 11:18 GMT

ICT experts downplay the impact of Yahoo office closure in Amman, says more attention is needed

Four banks were also listed as being owned or controlled by the Syrian government and sanctioned.
October 19th, 2014 - 11:08 GMT

Allegations denied: US blacklists Lebanese firm for shipping banknotes to Syrian central bank

“The main terminal is fairly lackluster. It isn’t overly clean, crowds can be a problem, and the services for travelers are in short supply."
October 19th, 2014 - 11:02 GMT

'The Guide to Sleeping in Airports': Jeddah airport second worst in the world

Kuwait has boasted a budget surplus in each of the past 15 fiscal years, helping to increase its sovereign wealth fund to more than $500 billion, according to unofficial estimates.
October 19th, 2014 - 03:55 GMT

There's no going back: Kuwait quietly triples diesel and kerosene prices

Citigroup announced that it intends to exit its consumer business in Egypt, along with its businesses in other 10 countries.
October 19th, 2014 - 03:55 GMT

Done and over with? Citigroup quits consumer banking in Egypt

Euro Disney has a debt of about 1.7 billion euros
October 17th, 2014 - 12:44 GMT

A soft spot for Disney princesses? Prince Al-Walid Bin Talal to help bailout Euro Disney

This is the fourth time (2008, 2009, 2010 and 2013), that Generation’s annual report has seen the airport operator nudge ahead to first place position.
October 17th, 2014 - 12:24 GMT

A grand accomplishment: Dubai Duty Free regains No.1 spot for the fourth time

Al Bawaba
October 17th, 2014 - 12:11 GMT

600 hotel rooms booked: Egypt chooses partners for economic summit conference

Al Bawaba
October 16th, 2014 - 11:52 GMT

Time to catch up to its neighbours: $145 billion worth of projects underway in Oman

The majority of these children were Egyptians, Syrians, Burmese and from the African continent.
October 16th, 2014 - 11:46 GMT

Stay-at-home kids? 30,000 expat children unable to enroll in Saudi schools

 The slump represented a wipe-off in market value of about $255 billion for European stocks listed on the broad STOXX Europe 600 index
October 16th, 2014 - 11:41 GMT

The new recession? European stocks suffer biggest one-day slide since 2011

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