Elon Musk and PayPal

#FindOutFriday: PayPal’s acquisition by eBay

Prior to founding Tesla, Inc. in 2003, Elon Musk co-founded X.com, an online payment company in 1999 that eventually became PayPal. The company was then acquired by eBay for $1.5 billion in stock (of which $165 million was given to Musk).

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KredX is an invoice discounting marketplace connecting high growth businesses in need of quick working capital with investors looking to grow their money at minimal risk in a short tenure.

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