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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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How Will the OIC Plan for More Prosperous Islamic Economy? (Shutterstock)
February 28th, 2019 - 06:15 GMT

How Will the OIC Plan for More Prosperous Islamic Economy?

Is Germany Reconsidering Its Arms Exports Ban to Saudi? (Shutterstock)
February 28th, 2019 - 06:00 GMT

Is Germany Reconsidering Its Arms Exports Ban to Saudi?

Investments in Mediterranean Gas Fields Exceed $27 Billion. (Shutterstock)
February 27th, 2019 - 12:41 GMT

Egypt: Investments in Mediterranean Gas Fields Exceed $27 Billion

Gold Prices Rise Following Powell Testimony. (Shutterstock)
February 27th, 2019 - 12:27 GMT

Gold Prices Rise Following Powell Testimony

Such funds will provide a saving opportunity to all the employees in the UAE and the region labour markets. (Shutterstock)
February 27th, 2019 - 12:15 GMT

New Funds Urged for Managing Retirement Benefits in UAE

Stanchart, as the bank is popularly known, started talks with regulators in the Kingdom to obtain a banking license in 2017. (Shutterstock)
February 27th, 2019 - 10:59 GMT

Standard Chartered to Launch Banking Operations in Saudi Arabia

The imports of goods in January 2019 amounted to QR8.8 billion. (Shutterstock)
February 27th, 2019 - 09:51 GMT

Despite Blockade, Qatar's Trade Surplus Exceeds $4 Billion in Jan 2019

Al Bawaba
February 27th, 2019 - 09:34 GMT

Crude Prices Down Post Trump's Criticism of OPEC

Iran and Japan will soon start bilateral banking activities. (Shutterstock)
February 27th, 2019 - 09:27 GMT

Iran, Japan to Start Bilateral Banking Activities

Saudi Arabia said its total merchandise exports increased by 12.5 percent in December 2018 year-on-year to reach $10 billion. (Shutterstock)
February 27th, 2019 - 09:23 GMT

Saudi Arabia's Exports Reach $10 Billion in December 2018

The government’s plan included a 66 percent increase in the corresponding work fees from BD300 to BD500 per every two years. (Shutterstock)
February 27th, 2019 - 09:03 GMT

Bahrain Launches New Program With New Incentives to Combat Unemployment

Expatriate numbers in Oman make up only 43.7 percent of the total population. (Shutterstock)
February 27th, 2019 - 08:50 GMT

Expat Numbers Plunge in Oman Due to Omanisation

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