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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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"Nevertheless, further oil price drops would likely be needed for supply to take a hit — or for demand growth to get a lift," the agency said in its October report.
October 16th, 2014 - 03:55 GMT

A free fall? IEA cuts oil demand outlook, says prices could fall further for THIRD time this month

Al Bawaba
October 15th, 2014 - 11:15 GMT

Damac joins forces with Paramount Hotels to expand luxury projects across MENA

Al Bawaba
October 15th, 2014 - 11:04 GMT

Leading UAE firm Amanat Holdings looking to invest in GCC projects

Al Bawaba
October 15th, 2014 - 10:34 GMT

Work to begin on new $381 million UAE city

Al Bawaba
October 15th, 2014 - 09:57 GMT

Technologic! UAE’s IT market expected to grow by 8.5 percent

Al Bawaba
October 14th, 2014 - 02:07 GMT

Kuwait to award $38 billion worth of contracts by 2015

Al Bawaba
October 14th, 2014 - 01:24 GMT

Israeli shekel continues to weaken to no avail

Al Bawaba
October 14th, 2014 - 01:04 GMT

Panic over? Saudi, Dubai stock markets in the lead after tumble

Al Bawaba
October 14th, 2014 - 01:03 GMT

All about social services: UAE cabinet approves $13 billion budget for 2015

Egypt’s real GDP in FY 2013/2014 reached 2.2 percent, almost the same as in the preceding fiscal year.
October 14th, 2014 - 12:47 GMT

Accumulating optimism: Egypt GDP to grow 6% by 2018

Al Bawaba
October 14th, 2014 - 12:15 GMT

GCC ministers meet in Kuwait to discuss boosting tourism sector

Al Bawaba
October 14th, 2014 - 11:36 GMT

Etihad Airways revenues sky rocket by $1.8 billion in Q3

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