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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 1st, 2014 - 03:55 GMT

Saudi housing scheme leaves 300,000 'disgruntled'

The company responded to the campaigners by pointing out that the term “Turkish” is referred to the method of grinding the beans.
September 1st, 2014 - 03:55 GMT

Too bitter? Israelis ask for renaming 'Turkish' coffe

Incidents of sexual assault  have harmed Egypt’s tourism reputation recently, said head of the Egyptian Federation of Chambers of Tourism, Ilhamy Zayat.
August 31st, 2014 - 11:42 GMT

Egypt's Chamber of Hotels meet to discuss sexual harrasment

As of yet, says Emirates NBD, there are few details on which projects will be included in the new investment plan, or which sectors Algiers intends to target.
August 31st, 2014 - 02:18 GMT

The region's often forgotten economic supergiant: Algeria announces new massive investment program to unleash shale potential, transform economy

Qantas Group declared a before tax loss of 642 million Australian dollars (Dh2.2 billion) and a statutory after tax loss.
August 31st, 2014 - 01:33 GMT

Despite potentially 'sucking away customers', new Emirates alliance declared 'absolutely fantastic' by Qantas chief executive

Al Bawaba
August 31st, 2014 - 10:31 GMT

Summer blues: Dubai hotel occupancy down by 4.6 percent

Al Bawaba
August 31st, 2014 - 09:38 GMT

Flydubai adds three new routes to East Africa

Al Bawaba
August 31st, 2014 - 08:58 GMT

Leading UAE energy company delivers first wind farm to Samoa Islands

Al Bawaba
August 31st, 2014 - 08:36 GMT

The wait is over! Qatar Airways gets ready to receive new Airbus A350

Al Bawaba
August 31st, 2014 - 06:45 GMT

Qatar's real estate prices soar by 20 percent in last six years

The irrigation minister added that additional studies would determine whether the projected height of the dam – along with its storage capacity – would have any negative consequences for Egypt.
August 31st, 2014 - 03:55 GMT

It's overrated? Egyptian minister downplays consequences of Ethiopia dam

Al Bawaba
August 31st, 2014 - 03:55 GMT

Gaza reconstruction to 'take 20 years'

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