Elon Musk is a name that defines innovation and entrepreneurship in the 21st century. From founding Zip2 to building the ...

Elon Musk has a lot more money than President Donald Trump. In terms of billionaires, their fortunes aren't even close.

Here's how Elon Musk made his money Journey to Silicon Valley. Musk's father, ... When eBay acquired PayPal for $1.5 billion in 2002, Musk’s 11.7% stake earned him $175.8 million after taxes.

Elon Musk was not a household name in 1995, ... in 2002, eBay bought PayPal for $1.5 billion, turning Elon Musk into a centimillionaire and a transformative figure of the digital age.

Elon Musk biographer Walter Isaacson's new book about the billionaire details his ouster as PayPal CEO by a group known as the "PayPal Mafia" who replaced him with Peter Thiel.

When PayPal was sold to eBay in 2002, Musk made a small fortune (even though he opposed the deal), pocketing about $180 million at the time. It was then that he turned his attention and newfound ...

In this 2000 photo, PayPal's Peter Thiel and founder Elon Musk, right, pose with the PayPal logo at corporate headquarters in Palo Alto, Calif. (Paul Sakuma/AP) By Timothy Bella.

What's True. In 2000 Elon Musk was fired as CEO of X.com after it merged with software company Confinity, which featured PayPal as a service. In 2001, the company was rebranded to PayPal.

In 1999, Musk founded the payments company X.com, later renamed PayPal, before Musk was ousted as CEO. He repurchased the domain in 2017 and has been sitting on it ever since.