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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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Revenue generated through rents during the first half of the year increased by 39 per cent to Dh32.5 million, according to the company.
July 20th, 2014 - 02:54 GMT

Profiteering off rents: Kuwait's Mazaya reports 630% increase in year-to-year profits

Al Bawaba
July 20th, 2014 - 02:23 GMT

Dubai One TV channel suspends production

He added that Africa was a very promising market for Sabic and the company was focusing on opening distribution centres in a number of African countries.
July 20th, 2014 - 01:55 GMT

Right on spot: Sabic profits rise 7% despite imminent shale boom

Al Bawaba
July 20th, 2014 - 01:20 GMT

Here comes the canal: diversion of Dubai's Sheikh Zayed road commences

Once a top recipient of US military aid, Egypt lost most of its $1.3 billion a year package after the 2011 popular uprising that toppled Mubarak.
July 20th, 2014 - 03:55 GMT

Redirecting subsidy spending? France wins $1.35 billion military contract in Egypt

Al Bawaba
July 17th, 2014 - 11:42 GMT

Hell on earth? Doha's 'facelift' leaves migrant workers homeless on the streets

Launched at Farnborough on Monday, the neo plane is a revamped version of the A330, sporting engine upgrades to provide more economical long-haul travel.
July 17th, 2014 - 11:32 GMT

Emotionally blackmailing Airbus? Qatar orders $40 billion worth of Boeing aircrafts

Al Bawaba
July 17th, 2014 - 03:13 GMT

Banking on stability? Arab Bank posts 7% in profits

The $7 billion Kuwait Metro project is another vital project currently in the stages of design and supervision.
July 17th, 2014 - 03:05 GMT

Catching up to a 'construction rush'? Kuwait construction sectors to hit $17.5 billion by year end

Al Bawaba
July 17th, 2014 - 03:55 GMT

Aiming for the stars: UAE plans first Arab spaceship to Mars in 7 years

Total private sector liabilities were up 5.2 percent in the first five months of the year over the end of last year to $208 billion, corresponding
July 16th, 2014 - 10:18 GMT

Turkey's private sector obliged to pay $76 billion in one year

Al Bawaba
July 16th, 2014 - 06:46 GMT

Gambling with ticket prices?Turkey’s lottery system privatized amidst heated debate

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