Is PayPal owned by Elon Musk?

So, does Elon Musk own PayPal? No – he was CEO of the company until he was ousted in October of 2002. However, he remained the company’s largest shareholder, with 11.7% of PayPal’s shares. Musk made up to $180 million from the sale, and his ties with PayPal were cut once the shares were sold.

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