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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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In an interview with Reuters, Global’s chief executive Maha Al Ghoneim said the company was now “debt-free” following its debt restructuring last year.
September 9th, 2014 - 04:50 GMT

Celebrating a new beginning: Kuwait's Global Investment House to be relisted as debt-free

Al Tayer praised the strategic partners whose efforts were integral part of the success of the RTA in the successful operation of the Dubai Metro.
September 9th, 2014 - 03:55 GMT

Dubai's metro: Half a billion on board and counting

Al Bawaba
September 9th, 2014 - 03:55 GMT

From Bollywood to Legoland: Dubai parks and resorts to open in 2016

Iran exported $5.2 billion of food and agricultural products and imported $13.2 billion of the products in the previous Iranian calendar year.
September 8th, 2014 - 07:18 GMT

Circumventing sanctions? Iran's pistachio exports jump 50% in 5 months

The emirate is now reviving development plans as its real estate market recovers and its safe haven status in the turbulent Middle East attracts heavy inflows of money.
September 8th, 2014 - 07:06 GMT

$32 billion and beyond: Dubai's spending soars amidst aviation rush

During the meeting, Queen Rania said education is at the top of His Majesty King Abdullah’s priorities, adding that His Majesty has ordered the government to set out an educational reform plan that includes all stakeholders.
September 8th, 2014 - 04:47 GMT

'Educational reform plan to be announced later this year'-Queen Rania

A Palestinian Agriculture Ministry official says the recent Israeli onslaught against the Gaza Strip has had grave impacts on the farming sector in the besieged coastal sliver.
September 8th, 2014 - 03:55 GMT

Nothing left unharmed: Gaza farming drastically hit by Israel offensive

Hamdallah, who heads the Palestinian government of national consensus which took office on 2 June, said the problem of the wages had turned into the main stumbling block to an intra-Palestinian reconciliation deal.
September 8th, 2014 - 03:55 GMT

Unpaid Hamas wages puts Palestinian unity at crossroads

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

The Middle East included, of course: corruption costs poor countries trillion dollars a year

The new causeway, a terrestrial link, will be called the “King Hamad Causeway”.
September 7th, 2014 - 01:08 GMT

Concrete linkages: ‘terrestrial’ causeway to link Kingdom and Bahrain

Some economists have concerns about banking liquidity after the issuance of the investment certificates.
September 7th, 2014 - 12:52 GMT

A 'gold rush'? Suez Canal certificates on sale for second day

Turkey is the second-largest table olive producer and fourth largest in olive oil production globally. Turkey's share in worldwide olive oil production is 16.7 percent.
September 7th, 2014 - 12:37 GMT

Turkey facing an 'unprecedented' agricultural crisis

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