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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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With the World Cup just eight years away, the likelihood is that the market is only going to become bigger, it added.
October 10th, 2014 - 12:15 GMT

World Cup bonanza: Qatar infrastructure market to hit $30 billion for very first time

It was the sixth consecutive slip in the index, which FAO said was the longest period of continuous falls since the late 1990s.
October 9th, 2014 - 11:39 GMT

Time to appreciate the appreciating US dollar? World food prices dip to 4 year-low

The city, located 3 km to the west of the Prophet’s Mosque in Madinah, will cover an area of over 1.6 million sq m and accommodate 200,000 people.
October 9th, 2014 - 02:02 GMT

Redefining religious experiences: King Abdullah approves $13bn pilgrim megacity in Madinah

Al Bawaba
October 9th, 2014 - 01:41 GMT

A done deal: France to go ahead with Riyadh-sponsored $3 billion arms 'gift' to Lebanon

The total of the loan package has surged to $6.45 billion.
October 9th, 2014 - 03:55 GMT

Paying back the IMF only to borrow more? World Bank increases loan to Turkey by $2 billion

Egypt's economy has been hit by more than three years of political and economic turmoil following the 2011 uprising that toppled Hosni Mubarak after 30 years in power.
October 9th, 2014 - 03:55 GMT

Higher confidence: Egypt's business activity grows at near-record pace

Al Bawaba
October 8th, 2014 - 11:52 GMT

Another bubble burst for Scarlet Johansson? Sodastream shares collapsing

He added that the central bank will reimburse that sum in case the Qatari government requests the money back.Egypt's net international reserves inched up to $16.8 billion in August, but are expected to decline if Egypt returns the two deposits.
October 8th, 2014 - 02:20 GMT

Thanks, but no thanks: Egypt to return $500 million loan to Qatar

Al Bawaba
October 8th, 2014 - 12:59 GMT

The 'remarkable' trend continues: Oil demand drops on signs of weak demand, 'tremendous surge in US oil production'

The two parties met in court for the first time this week for a hearing to discuss costs incurred in relation to the abandoned application, among other issues.
October 8th, 2014 - 12:07 GMT

The law does protect fools after all: Goldman Sachs ordered to pay legal costs to Libya for 'bad advice'

After the deal closes in November, Chevron Canada will remain the operator and will hold a 70 per cent interest in the project.
October 8th, 2014 - 04:55 GMT

Multiple personalities? Kuwait buys Chevron's stake in Canadian Shale oil despite no expertise in the field

Al Bawaba
October 8th, 2014 - 03:55 GMT

Higher than the US? Morocco considers legalizing weed!

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