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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
September 28th, 2014 - 04:07 GMT

Ploughing through, on free army land: Arabtec says $40 billion housing project in Egypt nearly completed

“Thieves lie in wait and observe their victims upon leaving the bank until they get into their car."
September 28th, 2014 - 04:55 GMT

Abu Dhabi's bank clients warned from surprise robbings

Al Bawaba
September 28th, 2014 - 04:55 GMT

Japanese confectionary Yoku Moku grows 400% in UAE and things are about to get even sweeter

Al Bawaba
September 28th, 2014 - 04:55 GMT

Eid came early? iPhone 6 makes it to Dubai, sells out on first day

Airlines will also need to certify their planes aren't affected by transmission signals before allowing devices to be used.
September 28th, 2014 - 03:55 GMT

Any mode is 'airplane mode': phone,tables cleared for use on flights

Al Bawaba
September 25th, 2014 - 11:05 GMT

It's flexible: Iphone 6 plus can bend in your pocket

Al Bawaba
September 25th, 2014 - 10:51 GMT

Splurging on its beloved: Saudi Arabia sent $3 billion worth of oil products to Egypt

Al Bawaba
September 25th, 2014 - 07:49 GMT

Israel's GDP per capita growth 'close to zero'

Al Bawaba
September 25th, 2014 - 03:03 GMT

Across the universe: solar-powered flight to launch world tour from Abu Dhabi

The announcement came after Madbouly’s visit  to the United States this week to meet with World Bank officials, a Tuesday statement from the ministry said.
September 25th, 2014 - 04:55 GMT

World Bank to grant Egypt $1.5 billion for sanitation, housing projects

Jordan has the highest rates of ICT services in the Middle East and North Africa (MENA)
September 25th, 2014 - 04:55 GMT

Jordan ICT sector best in the Middle East, according to Ericsson

Al Bawaba
September 25th, 2014 - 03:55 GMT

One last shot? Blackberry to introduce unconventional smartphone 'passport'

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