Elon Musk founded an online payment company called http://X.com in 1999. The company aims to simplify financial transactions and make them more secure. http://X.com merged with Confinity in 2000, just over a year later. Confinity is a company founded by Peter Thiel, Max Levchin and Luke Nosek. The company initially provided software security and payment solutions for the Palm Pilot and later launched a payment service called "PayPal". Shortly after the merger, Elon Musk was fired and Peter Thiel became the company's new CEO. The change was largely due to disagreements between Musk and other executives over the company's strategy.
Dismissal Events:
When Elon Musk wanted to move http://X.com's Unix-based infrastructure to the Microsoft Windows platform, he encountered strong opposition from other executives such as Peter Thiel and Max Levchin. While Musk was away on his honeymoon, he was fired and Peter Thiel took over as CEO.
Musk initially had reservations about rebranding from http://X.com to PayPal, a name change that came quickly after he was fired.
Musk originally envisioned X.com as a comprehensive financial solution rather than just a payment processor. However, ultimately the company decided to focus on payment solutions, namely PayPal.
Everyone has always said that he is learning WeChat, but this is not the case, because Musk had these ideas when he founded http://X.com 20 years ago. Of course, X and Paypay later merged, and there was no follow-up.
Now his original plan to acquire Twitter was to change its name to X, which was Musk's revenge and the fulfillment of a youthful wish.
There is another reason for the acquisition of Twitter
Musk’s “daughter” Vivian, who was born male and named Sean Musk (Xavier Musk), is the second child of Musk and Justin. She legally changed her gender to female last year and changed her name to Vivian Jenner Wilson. She said in court documents that she "no longer wants to be associated with my biological father in any way."
According to an excerpt from Walter Isaacson’s upcoming biography of Musk published in the Wall Street Journal, Musk didn’t have much objection or displeasure with Vivian’s transition, but when Vivian He became very distressed when he began to express extreme Marxist views and announced that he was severing all ties. Isaacson wrote that Musk’s rift with Vivian was “second only in pain to him” to the death of Nevada (Musk’s first child, Nevada, who died of sudden infant death syndrome 10 weeks after birth). Vivian believes that all rich people are evil. Musk criticized Crossroads, the private high school his daughter attended, saying the school "brainwashed" his children. This K-12 school in Santa Monica, with annual tuition of up to $50,000, is the choice of many children of the rich and famous.
Musk’s rift with his daughter also partly contributes to his ongoing criticism of “woke” ideology. He believes that "awakening" is an anti-scientific, anti-moral, and anti-human ideological virus. If it is not stopped, human civilization will not be able to achieve multi-planetaryization.