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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 2nd, 2014 - 10:39 GMT

Tech giant Siemens wins contracts with Saudi firm

Al Bawaba
September 2nd, 2014 - 10:03 GMT

UAE corporate earnings go through the roof by $8 billion in H1

Al Bawaba
September 2nd, 2014 - 08:09 GMT

Big time developer Nakheel opens first community retail mall in Dubai

Al Bawaba
September 2nd, 2014 - 07:42 GMT

Dubai residential property prices up by 34 percent

The new iPhone will simplify mobile payment by including a special communication chip, along with a fingerprint recognition reader that debuted on the most recent iPhone,
September 2nd, 2014 - 04:56 GMT

Upcoming iphone 6 to be a 'mobile wallet'

The statement added that regardless of ownership, whether it is the husband, wife or minors, the property will be taxed.
September 2nd, 2014 - 04:50 GMT

A new scheme: Egypt introduces property tax exemption

Al Bawaba
September 2nd, 2014 - 04:35 GMT

First Hajj, now work: Saudi Arabia suspends labour visas to Ebola-hit countries

Al Bawaba
September 1st, 2014 - 10:49 GMT

Sharjah's Expo Centre gears up for busy events schedule in H2

Al Bawaba
September 1st, 2014 - 07:45 GMT

Abu Dhabi hotel occupancy up by 3%, guest arrivals by 26% in July

Al Bawaba
September 1st, 2014 - 07:15 GMT

Bring luxury coffee to your office! Starbucks teams up with MENA businesses to supply coffee to employees

Al Bawaba
September 1st, 2014 - 06:41 GMT

Dubai Festival City enters second phase of expansion

Al Bawaba
September 1st, 2014 - 06:17 GMT

Down and then up! Bahrain’s Gulf Air cuts losses by 30%, increases revenue by 10%

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