Home » Image » Billionaire entrepreneurs: Elon Musk and Peter ThielBillionaire entrepreneurs: Elon Musk and Peter Thiel Updated : Dec 8, 2020, First Published Feb 1, 2017 Ludwig Paige Image Elon Musk with one of the co-founders of Confinity that later became PayPal after Confinity and Musk’s Internet banking company X.com merged in 2001. Musk held the largest shares i.e. 11.7% until PayPay was bought by eBay in 2002. Post navigationElon Musk, South-African billionaire entrepreneurElon Musk with his cousins: Lyondon Rive and Peter Rive (SolarCity co-founders)