X.com is now owned by Elon Musk for the second time ...
Many do not know the history of this "x.com". Most now know of "X" as the new re-brand of twitter by Elon Musk. After purchasing the company and becoming the new CEO. The twitter logo was even replaced by the "Doge" for a little while.
Some may remember that x.com was PayPal's domain years ago.
Back in 1999, in an interview with CBS MarketWatch. Elon Musk said, "I think we're at the third stage now where people are ready to use the Internet as their main financial repository." source
We see Elon Musk stepping in to buy and takeover twitter and every day seeing more of him bringing back his vision of "X". Let's revisit the origin of this "X".
X.com merged with Confinity that was a cometitor at the time back in the year 2000. The next year, in 2001, newly merged company was named PayPal. This X.com was originally an online bank. It was co-founded by Elon Musk and a few others in March 1999, two years before it ended up merging into Paypal. This led to Elon Musk selling x.com to Paypal which he later bought back to own for the second time.
Shall see where the X / x.com bring us with the combination of social media and banking.
