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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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But Egypt wants long-term investments to improve the country's economy, which has been suffering ever since an uprising toppled President Hosni Mubarak in 2011.
September 18th, 2014 - 12:23 GMT

High expectations: Egypt's economy to grow 6% in the new 3 years, says finance minister

Al Bawaba
September 17th, 2014 - 04:14 GMT

On top of the world: UAE tops the world in terms of billionaire growth

Meanwhile Qatar’s emir also asserted that his country does not finance any terrorist organisations in Syria or Iraq and has never done so
September 17th, 2014 - 04:02 GMT

Angela Merkel wants her country to cooperate with Qatar over energy

The foundation work for the state-of-the-art school has begun at a cost of BD4.6 million ($12.2 million), it added.
September 17th, 2014 - 03:22 GMT

Bahrain starts work on massive school project

Al Bawaba
September 17th, 2014 - 03:11 GMT

Gaza War to end seven years of consecutive growth in Palestinian economy

Although housing prices have continued to surge throughout the year, prices have also soared, particularly in İstanbul and other major urban centers.
September 17th, 2014 - 01:49 GMT

Time to reconsider the vacation house? Istanbul housing prices up 21%

Al Bawaba
September 17th, 2014 - 04:55 GMT

Mixed signals: China's FDI levels hit two year low

 These meetings form part of the mandatory updates required to be provided to the BIE as Dubai prepares for the submission of all requirements to seek formal approval at the next critical registration phase in November 2015.
September 17th, 2014 - 04:55 GMT

Expo 2020 plans under review

The Suze Canal
September 17th, 2014 - 03:55 GMT

How many investment certificates will it take? Suez Canal project to cost $220 billion over 15 years

The granting of the Unit Three and Four construction licence followed an intensive 18-month review by about 200 FANR and other technical experts.
September 17th, 2014 - 03:55 GMT

Can't get enough? The UAE decides on two more nuclear reactors

Al Bawaba
September 16th, 2014 - 02:52 GMT

Egyptian court upholds jail sentence, $7 million fine against business tycoon Nassef Sawiris

Al Bawaba
September 16th, 2014 - 02:45 GMT

Arabtec 'unaware' that ex-CEO will sell his stake

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