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BUSINESS

BUSINESS latest

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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Kevin Lawless
July 23rd, 2019 - 08:53 GMT

Danat Al Ain Resort Welcomes New Food & Beverage Manager

Loans had also shrunk in the five months period to the end of May by almost 5%.
July 23rd, 2019 - 08:30 GMT

Lebanon Bank Deposits to Recover From a Dip in the First Five Months of 2019

The SEC said Microsoft subsidiaries in Saudi Arabia and Thailand offered improper gifts to foreign government officials and employees of non-government companies, through slush funds.
July 23rd, 2019 - 08:00 GMT

Microsoft Agrees to Pay More Than $25 Million to Settle Hungary Bribery Case

Emerson
July 23rd, 2019 - 07:54 GMT

Emerson Helps Complete First Caspian Subsea Project Ahead of Schedule, Under Budget

 Yaser Alzubaidi
July 23rd, 2019 - 07:45 GMT

New Avaya Research Reveals Challenges for AI Adoption in the UAE

Warren's latest plan is the latest of numerous proposals she's unveiled since declaring her candidacy for 2020.
July 23rd, 2019 - 07:34 GMT

Warren Warns Another Financial Crisis Coming Worse Than 2008 Crash

During the event
July 23rd, 2019 - 07:26 GMT

“Abu-Ghazaleh” Accredits Creativity Development Center in Tripoli/Lebanon to Grant Tag-Dit Certificate

During the event
July 23rd, 2019 - 07:15 GMT

AUC and USAID Celebrate the Inauguration of a New University Center for Career Development at Ain Shams University

Mr. Hisham Al Rayes, CEO of GFH
July 23rd, 2019 - 07:02 GMT

GFH Acquires a $180 Million Healthcare Portfolio in the United States

passport control counters serving both Jordanians and non-Jordanians were increased from 18 to 25.
July 23rd, 2019 - 07:00 GMT

Jordan Airport Installs 12 New Counters Dedicated to Visa Processing

EQUATE established Kuwait’s first CO2 Recovery Plant, and invested in its own innovations
July 23rd, 2019 - 06:47 GMT

Equate Speaks of Plastic Recycling and Innovations at UN High-Level Political Forum on Sustainable Development

Haider Ali Khan, CEO of Bayut
July 23rd, 2019 - 06:37 GMT

Bayut Unveils Innovative App to Help Agents in the UAE

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