Musk, who had joined PayPal that same year after merging his electronic payments company, X.com, with PayPal’s parent, Confinity, butted heads with PayPal board members over the company’s branding and strategy - not to mention Musk’s autocratic, high-octane management style. In 2000, Musk was removed from his position as chief executive of PayPal in a “coup” orchestrated by Silicon Valley investor Peter Thiel, co-founder Max Levchin, board member Reid Hoffman, and COO and product leader David Sacks, according to the book “Elon Musk” by Walter Isaacson, which hit shelves this week The “PayPal Mafia” that ousted Elon Musk as CEO of the peer-to-peer payments site also helped save his rocket-launching company SpaceX as it teetered on the brink of bankruptcy, according to a new book. Twitter probed over security lapse before Elon Musk takeoverĮlon Musk’s right to ding media - that doesn’t mean boosting crackpotsĮlon Musk deletes tweets promoting ‘fake news’ reporting on Israel-Gaza war Elon Musk reportedly threatened to ‘burn down’ WB if ex Amber Heard was fired from ‘Aquaman’
