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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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January 31st, 2023 - 07:20 GMT

IMF: Global economy to slow in 2023, rebound in 2024

Saudi Arabia greener energy
January 30th, 2023 - 08:42 GMT

Saudi Arabia to invest over $265 billion in renewable energy

Adani Group saga
January 30th, 2023 - 08:36 GMT

India’s Adani Group saga continues amid fraud allegations

Adani fraud allegations tumble shares
January 29th, 2023 - 08:10 GMT

Fraud allegations send India’s Adani Group shares tumbling

Eni NOC deal
January 29th, 2023 - 07:36 GMT

Italy's Eni signs $8 billion gas deal in Libya

Crypto News Recap: NFT market in UAE on the rise, Tesla maintains bitcoin, Saudi Central Bank researches CBDC!
January 29th, 2023 - 07:31 GMT

Crypto News Recap: Saudi Central Bank researches CBDCs

QatarEnergy joins Lebanon gas oil exploration
January 29th, 2023 - 05:49 GMT

QatarEnergy joins Lebanon offshore oil and gas exploration consortium

 Middle East buyers for London real estate
January 26th, 2023 - 03:41 GMT

Middle East buyers flock to luxury London real estate

IBM layoffs and earnings
January 26th, 2023 - 11:39 GMT

IBM to cut 3,900 jobs as financials timid

Gold price mixed
January 26th, 2023 - 11:03 GMT

Gold mixed, slightly up in UAE

Microsoft earnings lifted by Cloud unit
January 25th, 2023 - 06:36 GMT

Cloud computing saves Microsoft quarterly results

easyJet demand jumps
January 25th, 2023 - 06:22 GMT

EasyJet flies high as demand rebounds

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