Archive · 19 Dec 2025

Musk Denies Being Fired from PayPal

Musk Denies Being Fired from PayPal

Elon Musk, the CEO of SpaceX and Tesla, recently said he wasn't fired from PayPal, a company he helped build.

He said most of the executives and board members didn't agree with his big decisions and wanted him to leave.

Musk was on his honeymoon when this happened.

He still owned a big part of the company, so he couldn't be forced out completely.

Later, he let Peter Thiel, who was involved in his exit, invest in his new company, SpaceX.

This investment turned out to be very successful.

Musk shared this story on X to correct what he says is a wrong version of events often told in the media.

Sources