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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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 Global supply of crude oil and liquid fuel reached all-time highs of 92.6 million barrels per day in August. Stable oil producers.
September 30th, 2014 - 10:46 GMT

Oil prices at 2 year low and likely to remain there

The project, which involves the extension of a 11-km road with five lanes on both sides, is expected to be completed by 2017,
September 30th, 2014 - 04:55 GMT

Massive plan: Qatar commences on $577 million road project

Al Bawaba
September 30th, 2014 - 03:55 GMT

Time to address the energy crisis: Egypt to invest $14.5bn in petrochemicals, refining

NASDAQ Dubai is the third largest exchange in the world by value for listed Sukuk, or Islamic bonds, at 19.2 billion dollars.
September 29th, 2014 - 04:51 GMT

Emirates NBD lists $500 million bond on NASDAQ Dubai

The key driver of Mohamed Yousuf Naghi Motors’ solid performance in the first half of the year was the recently launched Rolls-Royce Wraith.
September 29th, 2014 - 04:33 GMT

A tad unsurprising? Saudi Arabia biggest Rolls Royce market in the Middle East

The Egyptian General Petroleum Corporation (EGPC) and Egas announced an international tender for oil and gas drilling concessions last December.
September 29th, 2014 - 03:26 GMT

Totally delighted: French Total awarded gas exploration rights in Egypt

Traders in the black market told Sudan Tribune they expect the dollar price to decrease to 8 SDG.
September 29th, 2014 - 12:03 GMT

Sudanese pound strengthening against US dollar on black market

The UAE’s Ministry of Health has announced a price reduction for around 422 innovative and produced drugs, as part of its initiative to stem the surging cost of medicines in the country.
September 29th, 2014 - 11:54 GMT

No profiteering off illness: UAE slashes prices of 422 drugs

Al Bawaba
September 29th, 2014 - 11:29 GMT

Just when iphone 6 stocks ran out: ex-apple CEO of Obi mobile to introduce five affordable smartphones to the Middle East

What is really alarming is the fact that currently 63 percent of Saudi students are enrolled in majors unsuitable for the needs of the labor market.
September 29th, 2014 - 03:55 GMT

So much for Saudization? Saudis studying misfit majors for the career market

As per the deal, these companies will manufacture, supply and implement a feeder line project in the capital from the water tanks to three different locations within the city.
September 28th, 2014 - 06:09 GMT

Saudi Arabia keeps things local with selection of three companies to deliver $373 million water project

Al Bawaba
September 28th, 2014 - 05:31 GMT

Going fancy was worth it after all: Jordan's new airport sees record passenger growth

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