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X.com was an American online bank founded by Ed Ho, Harris Fricker, Elon Musk, and Christopher Payne in 1999 in Palo Alto, California. In 2000, it merged with competitor Confinity and in 2001, the merged company changed its name to PayPal.
Jul 28, 2023 · For example, Musk took an early lead in the online payments war between X.com and its rival, a startup called Confinity that worked out of the same Palo Alto office space.
- chris@mashable.com
Jul 25, 2023 · Musk was ousted as CEO of X.com in 2000 after he pushed for the PayPal name to be phased out in favor of a brand that some customers mistook for adult content.
- Timothy Bella
Oct 9, 2015 · Both companies launched person-to-person payments toward the end of 1999; "PayPal" was initially the product name of the service launched by Confinity. x.com and Confinity decided to merge...
In March 2000, X.com merged with PayPal, which had been in operation since November of 1999, retaining the X.com name. At the time, PayPal was brining in nearly 15,000 new clients a day with its P2P payment services.
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...
Jul 11, 2017 · X.com was the domain name associated with the payment service that Musk founded in 1999; it remained with PayPal after the companies merged. By the time PayPal first went public in 2002, Musk...