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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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The contract provides for the UAE to import some 600 million cubic feet per day of Iranian gas, though the actual amount will depend on many factors and may only become clear in coming months.
August 11th, 2014 - 07:03 GMT

It's valid and binding: Dana Gas wins favorable ruling against Iranian company

Dubai-based brokerage Arqaam Capital last year valued OSN at $4.3 billion.
August 11th, 2014 - 03:55 GMT

Thanks, but no thanks: KIPCO snubs $3.2 billion offer to buy OSN entertainment

Al Bawaba
August 10th, 2014 - 11:12 GMT

Feeling insecure: Hyundai, Doosan abdandon $1.5 billion project in Libya

They also accuse the bank of performing financial services for people affiliated with Hamas and other designated foreign terrorist organisations.
August 10th, 2014 - 10:47 GMT

The moment of truth: Arab Bank's trial over alleged support to Hamas commences in New York tomorrow

Al Bawaba
August 10th, 2014 - 01:18 GMT

'Jordan's debt can't go on forever'- IMF official

Meanwhile, an aviation analyst termed the Etihad’s deal with Alitalia risky and said Abu Dhabi-based airline will have to go all-out to make this deal work to achieve desire results by 2017.
August 10th, 2014 - 03:55 GMT

After $2 billion rescue deal with Etihad, Alitalia CEO ready to step down

The tech rumour mill is rife with talk about two new Apple iPhones set to be launched within a few weeks.
August 10th, 2014 - 03:55 GMT

Here comes the new iphone 6...

Growth forecasts for seven countries in the Middle East and North Africa might be too rosy and consequently misleading according a World Bank report.
August 10th, 2014 - 03:55 GMT

World Bank declares MENA growth projections 'too rosy'

Al Bawaba
August 8th, 2014 - 07:30 GMT

Business marries politics: Mubarak-era Egyptian steel tycoon released on bail

Hidden, or indirect, taxes for goods including food, gasoline, cars and cellular phones in Turkey have reached record-breaking levels based on European standards,
August 8th, 2014 - 01:20 GMT

Turkey's hidden tax reach 'record-breaking' levels

Al Bawaba
August 7th, 2014 - 01:47 GMT

After the Expo, anything is possible: Dubai planning olympic bid in 8 years

Al Bawaba
August 7th, 2014 - 10:13 GMT

Hariri unveils $1 billion dollar grant from King Abdullah

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