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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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UK: Hunt Reverses Tax Plan, Reviews Energy Price Support
October 17th, 2022 - 11:12 GMT

UK: Hunt Reverses Tax Plan, Reviews Energy Price Support

Kanye West to Acquire Rightwing Social Network Parler
October 17th, 2022 - 10:36 GMT

Kanye West to Acquire Rightwing Social Network Parler

Nokia Bags Deal with Reliance Jio to Supply 5G Equipment
October 17th, 2022 - 10:27 GMT

Nokia Bags Deal with Reliance Jio to Supply 5G Equipment

UK: Pound Rises as Traders Eye Fiscal Policy U-turn
October 17th, 2022 - 08:24 GMT

UK: Pound Rises as Traders Eye Fiscal Policy U-turn

US: Credit Suisse to Pay $495M to Settle 2008 Securities Case
October 17th, 2022 - 08:09 GMT

US: Credit Suisse to Pay $495M to Settle 2008 Securities Case

Lebanon: Pound Plummets to Record Low at 40,000 Against US Dollar
October 17th, 2022 - 07:27 GMT

Lebanon: Pound Plummets to Record Low at 40,000 Against US Dollar

Adnoc Drilling Bags $980m Contract for Offshore Resources
October 17th, 2022 - 07:10 GMT

UAE: Adnoc Drilling Bags $980m Contract for Offshore Resources

Apple's XR Headset Reportedly to Include New Tech 'Iris ID'
October 17th, 2022 - 06:03 GMT

Apple's XR Headset Reportedly to Include New Tech 'Iris ID'

World's 10 Poorest Countries in 2022
October 17th, 2022 - 06:00 GMT
Al Bawaba Staff

World's 10 Poorest Countries in 2022

Crypto News Recap: Nasdaq Dubai Lists MENA’s First Physically-Backed Bitcoin ETP
October 16th, 2022 - 07:30 GMT
Al Bawaba Staff

Crypto News Recap: Nasdaq Dubai Lists MENA’s First Physically-Backed Bitcoin ETP

JP Morgan Chase Cuts Ties with Kanye West
October 16th, 2022 - 08:30 GMT

JP Morgan Chase Cuts Ties with Kanye West

UAE: Lulu Group Set for IPO in 2023
October 16th, 2022 - 07:58 GMT

UAE: Lulu Group Set for IPO in 2023

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