Is Elon still owner of PayPal?
No, Elon Musk is not the owner of PayPal. He was a co-founder of X.com, which merged with Confinity—the company that eventually became PayPal—in 2000, but he exited the company long ago. PayPal is currently a widely held public company with no single controlling shareholder. Governance is distributed across a dispersed shareholder base, including institutional investors such as Vanguard, BlackRock, and State Street, rather than any individual founder or insider. Musk sold his stake in the company shortly after its acquisition by eBay in 2002 and has had no ownership or operational role in PayPal for over two decades.
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