Does Elon Musk own stocks?

Written by Admin | Last Updated: July 2026

No, Elon Musk does not own any part of PayPal. He was a co-founder of X.com, which later merged with Confinity to become PayPal. When eBay acquired PayPal in 2002, Musk was the largest individual shareholder, holding an 11.7% stake valued at approximately $175 million at the time. He sold his entire interest as part of that acquisition. Since the 2002 sale, he has had no ownership interest in the company, having pivoted his attention and capital toward Tesla, SpaceX, and his other subsequent ventures. He has since described his exit from PayPal as a pivotal moment that provided the initial capital necessary to start his later companies.

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