Co-founder of online payment system PayPal, which was sold to eBay in 2002 for $1.5 billion. (eBay later spun out PayPal in 2015.) ... *Note: Tesla and PayPal values are as of Feb. 5, 2025. SpaceX ...

2 hours ago · Elon Musk (born June 28, 1971, Pretoria, South Africa) is a South African-born American entrepreneur who cofounded the electronic-payment firm PayPal and formed SpaceX, maker of launch vehicles and spacecraft.He was also one of the first significant investors in, as well as chief executive officer of, the electric car manufacturer Tesla. In addition, Musk acquired Twitter (later X) in 2022.

Jan 10, 2025 · Here are all eight major companies Elon Musk founded, listed in chronological order. 1. Zip2. His first private company, Zip2, was an online business directory that Compaq Computer Corporation bought in 1999. 2. PayPal. Musk was a cofounder and CEO of the financial services company PayPal in 1999, but he left in 2000. 3. SpaceX.

Jan 4, 2025 · Founding Tesla and SpaceX. Building upon the success of PayPal, Musk went on to co-found Tesla Motors (now known as Tesla, Inc.) in 2003, to accelerate the world’s transition to sustainable transportation.

Jan 10, 2021 · Since January of 2020, Tesla stock has risen from $80 billion to over $800 billion and, while much of Musk’s fortune is due to the rising Tesla share price, he also scored big in his collaboration with PayPal and SpaceX.

Feb 20, 2023 · Musk used his share of the PayPal payout to launch Tesla and SpaceX — his current companies — and SolarCity — a solar panel company that’s now a subsidiary of Tesla.

Mar 11, 2024 · In this article, we will explore the genius behind the code and how Elon Musk’s programming impacted PayPal, Tesla, and SpaceX. Elon Musk co-founded X.com, which later became PayPal, in 1999. His programming skills played a crucial role in developing the platform’s secure online payment system.

The "PayPal Mafia" is a group of former PayPal employees and founders who have since founded and/or developed additional technology companies based in Silicon Valley, [1] such as Tesla, Inc., LinkedIn, Palantir Technologies, SpaceX, Affirm, Slide, Kiva, YouTube, Yelp, and Yammer. [2]

Apr 10, 2024 · In 2002, a group of entrepreneurs purchased PayPal from Elon Musk and his partners. This included Peter Thiel, Luke Nosek, and Max Levchin. The following year PayPal went public and soon after eBay acquired the company in a deal worth over 1.5 billion dollars. Since then, Elon Musk has had no part in PayPal’s ownership.

Sep 13, 2023 · The "PayPal Mafia" that ousted Elon Musk as CEO of the peer-to-peer payment company helped save his rocket-launching company SpaceX eight years later.