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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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A Chinese factory that supplies Apple with parts has been operating with violations of basic standards for health, safety and environmental protection, an investigative report said Thursday.
September 7th, 2014 - 04:55 GMT

Right in time for the launch? Apple supplier accused of labour abuse

The recent flare-up of violence in Iraq is past its worst and Kuwait Energy is keen to invest more in the country because of its potential, Chief Executive Sara Akbar said.
September 7th, 2014 - 03:55 GMT

Undeterred by the IS or a legacy of grudges, Kuwait Energy keen on investing in Iraq

The first phase of the project will include the Faculty of Medicine and the Dental College, which exists already.
September 7th, 2014 - 03:55 GMT

A healthy education sector? Dubai announces new medical university

Al Bawaba
September 7th, 2014 - 03:55 GMT

Time to tackle the 'brain drain'? Sisi creates a 'council of scholars' to develop a strategic vision for the Egyptian economy

Al Bawaba
September 4th, 2014 - 02:50 GMT

Greece requests emergency funding from the EU over flooding Iraqi, Syrian asylum seekers

Al Bawaba
September 4th, 2014 - 11:30 GMT

Turns out, the UAE has the best roads in the world

Al Bawaba
September 4th, 2014 - 11:01 GMT

Saudi releases more low-cost slots for Hajj pilgrims

Al Bawaba
September 4th, 2014 - 10:03 GMT

It's shopping time! H1 sales jump by 11.5 per cent in Abu Dhabi's Duty Free

Al Bawaba
September 4th, 2014 - 09:13 GMT

Sharjah firm welcomes Hong Kong investment opportunities

Al Bawaba
September 4th, 2014 - 08:55 GMT

UAE records strong business growth in August

Al Bawaba
September 4th, 2014 - 08:28 GMT

Cleaning up! Dubai's Camel Soap Factory boosting presence in Germany, India

According to a letter of intent signed by the Israeli side, Jordan will buy 45bn cubic metres of natural gas over a period of 15 years.
September 4th, 2014 - 03:55 GMT

Business is business: Israel to officially become Jordan's biggest energy supplier

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