X.com, a payments company, was Musk's second company formed in 1999. In March 2000 PayPal was formed by the merger X.com with Thiel and Levchin's Continuity. Musk was the initial CEO, but by September 2000 the board replaced Musk with Thiel while Musk was on vacation to Australia. October 2002, eBay purchased PayPal for US$1.5 billion
Musk repurchased the X.com domain from PayPal in 2017
In October 2022, Musk said he will execute the X product plan "with some improvements" which will make Twitter "the most valuable financial institution in the world"
Other notes:
- Musk is a fan of cryptocurrency and Bitcoin
- Starlink is an independent internet backbone that can be access from anywhere on earth
- Starlink plans to separate from SpaceX and IPO. Funds from the IPO is how SpaceX plans to pay for the Mars project