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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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US President Donald Trump speaks during a meeting with Chinese Vice Premier Liu He in the Oval Office of the White House in Washington, DC, on February 22, 2019. Just a week remains to avoid a sharp increase in US duty rates on more than $200 billion in Chinese exports -- though Trump has suggested he could extend the March 1 deadline. (AFP)
February 25th, 2019 - 07:39 GMT

Trade War Update: Trump Extends China Tariff Deadline

Refugees and illegal immigration will top the agenda amid the conflicts in Syria, Yemen, Libya, Iraq, Afghanistan and Palestine.
February 24th, 2019 - 11:37 GMT

Combating Illegal Immigration to Top Arab-EU Summit

The figures are down by 30 percent from the market’s peak in 2015 when 33.9 million units were shipped. (Shutterstock)
February 24th, 2019 - 11:29 GMT

Smartphone Shipments Plummet to Lowest Level in 6 Years

Iran, China, US, Russia to Be the Biggest Gas Suppliers by 2040. (Shutterstock)
February 24th, 2019 - 11:15 GMT

Iran, China, US, Russia to Be the Biggest Gas Suppliers by 2040

The Effects of US-China Trade War on the Third World (Shutterstock)
February 24th, 2019 - 11:08 GMT

The Effects of US-China Trade War on the Third World

Saudi Arabia Central Bank Governor: No More Bank Mergers For the Time Being. (Shutterstock)
February 24th, 2019 - 10:57 GMT

Saudi Arabia Central Bank Governor: No More Bank Mergers For the Time Being

5G will work seamlessly with other technologies to make travel as safe and as smooth as possible. (Shutterstock)
February 24th, 2019 - 09:20 GMT

Report: 5G Connections to Exceed 1 Billion by 2025

Cryptocurrency Companies Buy Listed Companies to Move Closer Into Mainstream. (Shutterstock)
February 24th, 2019 - 09:05 GMT

Cryptocurrency Companies Buy Listed Companies to Move Closer Into Mainstream

Research: Volumes From New Oil & Gas Projects to Triple in 2019. (Shutterstock)
February 24th, 2019 - 08:57 GMT

Research: Volumes From New Oil & Gas Projects to Triple in 2019

Credit to the private sector increased by 4.9 per cent to OMR22 billion at the end of December 2018. (Shutterstock)
February 24th, 2019 - 08:49 GMT

Credit Extended by Banks Exceeds $65 Billion in Oman

 India has granted the e-visa facility for more than 150 countries and territories, and the latest addition is Saudi Arabia. (Shutterstock)
February 24th, 2019 - 08:29 GMT

Saudi Nationals to Enter India With E-Visa

Interested jobseekers can visit the employment offices to check on the available jobs. (Shutterstock)
February 24th, 2019 - 08:21 GMT

More Than 3,000 Job Vacancies Across Jordan

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