Exactly. To recap for folks unfamiliar with the history: Peter Thiel co-founded the electronic payments company that developed PayPal. Musk co-founded an onl

Exactly. To recap for folks unfamiliar with the history: Peter Thiel co-founded the electronic payments company that developed PayPal. Musk co-founded an online bank which had massive security holes. The two companies merged and Musk was fired before the name was changed to PayPal. See part 1 of Common Sense Skeptic's video on YouTube: Debunking Elon Musk