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In March 2000, X.com merged with its fiercest competitor Confinity, a software company also based in Palo Alto which had also developed an easy payment system. The new company was named X.com. Musk was its biggest shareholder and was appointed as its CEO.
X.com went on to become PayPal. Musk stopped being CEO of PayPal in 2000 and later received $165 million for his shares in 2002 when eBay acquired PayPal. During this time, Musk also lost...
Way back in 1999, well before SpaceX and Tesla, Elon Musk founded an online financial services company called X.com which, after merging with another company called Confinity, co-founded by...
X.com is a single-letter second-level internet domain name . It may also refer to: X (social network), a social media platform formerly known as Twitter which currently uses the X.com domain. X.com (bank), a defunct online bank.
Jul 11, 2017 · Now, Musk has reclaimed a bit of that internet history for himself by purchasing the defunct domain name X.com from his former employer PayPal, which confirmed the purchase to Business Insider ...
Mar 22, 2024 · Thus, in March 2000, Musk decided to merge X.com with Confinity, hoping to create a dominant player in the online payment industry. The merged company initially adopted X.com as its brand’s name, as Musk believed it had a broader long-term potential than Confinity or PayPal.
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What happened to X COM?
When did X com start?
When did X COM become Twitter?
When did X COM become PayPal?
Sep 25, 2023 · What happened during that period? On July 23, Musk made it so that x.com would redirect users to Twitter. On the 24th, he officially replaced the famous Twitter bird logo with a single letter: X.
