Musk founded Xcom, which later became PayPal from "summary" of Elon Musk by Ashlee Vance
Elon Musk had a vision to create an online payment system that would revolutionize the way people conducted financial transactions. To achieve this goal, Musk founded X. com, an internet financial services company. The company started out small, but Musk had big plans for its future. He believed that X. com could become a leading player in the online payment industry. As X. com grew, Musk realized that the company needed to expand its services beyond just online payments. He saw an opportunity to provide a more comprehensive financial platform that would cater to a wider range of customer needs. This led Musk to pivot X. com towards becoming a full-service online financial institution. In order to achieve this transformation, Musk decided to merge X. com with Confinity, another online payment company. The merger brought together the strengths of both companies and all...
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