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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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Boeing also reported it had discussions with the flag carrier's subsidiary, Iran Air Tours, on the potential sale of similar goods and services.
July 28th, 2014 - 02:47 GMT

A first since 1979: Boeing to trade plane parts with Iran

 The artificial canal witnessed a passing of 50 ships carrying 3.8 million tonnes on the same day it celebrated its 58 anniversary of nationalisation
July 27th, 2014 - 10:08 GMT

Abdelnasser's legacy lives on? Suez Canal hits record high profits on 58-year nationalization anniversary

The government's allegations of 'immoral activities' in some hotels are believed to be a reference to prostitution.
July 27th, 2014 - 09:57 GMT

Banning a cornerstone for tourism? Bahrain's three-star hotels hit by alcohol, prostitution crackdown

He also pointed out an improvement by 3.8 percent in the business of travel agencies during the past six months compared to the same period last year.
July 27th, 2014 - 09:45 GMT

Eid finally comes to Beirut: solid bookings at the country's top hotels

Al Bawaba
July 27th, 2014 - 04:40 GMT

A grim reality behind the stellar rankings? Turkish airlines allegedly facing serious default crisis

Amman has dropped 14 places from 89 to 103 in Mercer’s 2014 Cost of Living Survey, which shows the most expensive expatriate destinations in the world.
July 27th, 2014 - 04:16 GMT

No blaming refugees here! Amman drops 14 spots in list of most expensive cities

US oil production has embarked on an unprecedented 50 percent rise over the past four years as new drilling techniques allowed oil to flow from vast shale reserves
July 27th, 2014 - 03:54 GMT

A game changer for the ME's oil exporters? Exxon eyes major refinery expansion in the US

Al Bawaba
July 24th, 2014 - 01:27 GMT

Dubai International Airport passenger traffic up by 6.2 percent in H1

Al Bawaba
July 24th, 2014 - 12:55 GMT

The UAE's largest bank, Emirates, enjoys even higher profits

Al Bawaba
July 24th, 2014 - 11:39 GMT

Majid Al Futtaim reports 14 percent revenue increase in H1

Al Bawaba
July 24th, 2014 - 11:22 GMT

Leading Kuwaiti investment company, KIPCO, on track to meet goals

Al Bawaba
July 24th, 2014 - 11:07 GMT

Budget airline flydubai launching direct flights to Mumbai this fall

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