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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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Saudi Opec+ oil output
February 5th, 2023 - 02:49 GMT

Saudi Arabia, Opec+ cautious on ramping up crude output

Crypto news recap: Kraken closes Abu Dhabi Office
February 5th, 2023 - 01:23 GMT

Crypto news recap: Kraken closes Abu Dhabi Office

Surviving the AI revolution: 4 jobs at risk due to ChatGPT and how to prepare
February 3rd, 2023 - 03:25 GMT

Surviving AI: 4 jobs at risk from ChatGPT

Gold prices fall
February 3rd, 2023 - 11:45 GMT

Gold slips on US Fed rate hike outlook

ECB raises rates
February 2nd, 2023 - 08:47 GMT

European Central Bank hikes 3 key interest rates

Sony hikes outlook
February 2nd, 2023 - 08:41 GMT

Sony hikes outlook as weak yen boosts gaming

The mystery of Satoshi Nakamoto: uncovering the true identity of the bitcoin creator
February 2nd, 2023 - 05:10 GMT

Albawaba uncovers true identity of bitcoin creator

A$5 banknote
February 2nd, 2023 - 08:37 GMT

Australia to remove UK monarch from banknote

Adani Group cancels FPO
February 1st, 2023 - 09:45 GMT

Adani Group cancels $2.5 billion follow-on public offering

US Fed rate hike
February 1st, 2023 - 08:55 GMT

US Fed unveils quarter point rate hike as inflation cools

Spain wage hike
January 31st, 2023 - 08:57 GMT

Spain to approve 8% minimum wage hike

China manufacturing
January 31st, 2023 - 04:42 GMT

China manufacturing activity rebounds

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