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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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Business ethics Qatar EU
March 6th, 2023 - 10:45 GMT

EU ombudsman demands explanation for Qatari-paid flights

Toblerone rebranding
March 6th, 2023 - 08:41 GMT

Swissness laws avalanche wipes out Toblerone chocolate Alps logo

Twitter
March 6th, 2023 - 05:48 GMT
Sally Shakkour

Twitter users report technical issues

Turkish Central Bank
March 6th, 2023 - 02:18 GMT

Turkey receives $5b deposit from Saudi Arabia

Mergers and acquisition
March 6th, 2023 - 09:27 GMT

MENA mergers rise 13% last year: Ernst & Young

China-Oil
March 6th, 2023 - 08:07 GMT

Oil prices open lower in China

China GDP growth set at 5%
March 5th, 2023 - 10:40 GMT

China sets GDP target of around 5% for 2023

UAE-Türkiye CEPA
March 5th, 2023 - 08:45 GMT

UAE, Türkiye sign comprehensive and enhanced partnership agreement

The Future of Money: 5 Ways CBDCs Could Impact the Global Financial System
March 5th, 2023 - 06:28 GMT

The Future of Money: 5 ways CBDCs could impact the global financial system

Crypto news recap: Ras Al Khaimah to create first free zone for digital assets
March 5th, 2023 - 04:22 GMT

Crypto news recap: Ras Al Khaimah to create 1st free zone for digital assets

Lithium
March 5th, 2023 - 10:06 GMT

Iran announces discovery of huge lithium stockpile

Virtual Reality headsets
March 5th, 2023 - 09:10 GMT

Meta slashes price of 2 VR headsets

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